Form 4: Integer Holdings Corp Executive Margaret Carthy Reports Stock Transactions Following PSU Vesting

EVP Margaret Carthy reports acquisition and disposal of Integer Holdings Corp stock following the vesting of performance-based restricted stock units.

Summary

• On February 21, 2025, Margaret Carthy, EVP of Quality & Regulatory Affairs at Integer Holdings Corp, reported transactions involving the company's common stock.
• These transactions include the acquisition of 1,928 shares and 2,110 shares upon the vesting of performance-based restricted stock units (PSUs).
• The PSUs vested based on the satisfaction of 3-year relative total shareholder return goals and specified financial performance targets related to organic sales growth for 2022, 2023, and 2024.
• Carthy also reported the disposal of 2,101 shares to cover tax obligations at a price of $129.87 per share.
• Following these transactions, Carthy directly owns 7,686 shares of Integer Holdings Corp common stock and indirectly owns 246 shares through a spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are related to PSU vesting, which is a planned event. The disposal of shares for tax obligations is a common occurrence.

Positives

• The vesting of PSUs indicates that Integer Holdings Corp met its performance targets related to shareholder return and organic sales growth.

Negatives

• The disposal of 2,101 shares to cover tax obligations may exert slight downward pressure on the stock price.

Industry Context

Form 4 filings are routine disclosures that provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates