Form 4: Integer Holdings Director Jean M. Hobby Executes Stock Options and Sells Shares
SEC Form 4
Director Jean M. Hobby exercised stock options and sold shares of Integer Holdings Corp on July 31, 2024.
Summary
- On July 31, 2024, Jean M. Hobby, a director of Integer Holdings Corp, executed multiple stock options and sold shares of the company's common stock.
- The transactions involved the exercise of stock options at prices ranging from $29.55 to $49.90, resulting in the acquisition of thousands of shares.
- Simultaneously, Hobby sold 11,960 shares of common stock at weighted average prices of $119.5891 and $120.1078.
- Following these transactions, Hobby directly owns 2,280 shares of Integer Holdings Corp.
- The sales were executed at prices ranging from $119.04 to $120.15.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine transactions. It doesn't indicate positive or negative performance for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for corporate directors and officers. These transactions can be influenced by personal financial planning and do not necessarily reflect a change in the director's outlook on the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 07/02/2015 | 50% of non-qualified stock options vested. |
| 01/04/2016 | Non-qualified stock options vested 25% on the first day of each fiscal quarter in 2016. |
| 01/03/2017 | Non-qualified stock options vested 25% on the first day of each fiscal quarter in 2017. |
| 01/02/2018 | Non-qualified stock options vested 25% on the first day of each fiscal quarter in 2018. |
| 07/31/2024 | Earliest transaction date: stock options exercised and shares sold. |
| 08/01/2024 | Date of signature for the Form 4 filing. |
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