Form 4: Integer Holdings Director Jean M. Hobby Receives Equity Grant

Integer Holdings Corp Director Jean M. Hobby was granted 1,514 restricted stock units, increasing her beneficial ownership to 3,794 shares.

Summary

• Jean M. Hobby, a Director of Integer Holdings Corp (ITGR), acquired 1,514 shares of common stock on May 21, 2025.
• This acquisition was a grant of restricted stock units (RSUs) with a transaction price of $0 per unit.
• The RSUs will convert into common stock on a one-for-one basis upon vesting.
• Vesting will occur in approximately equal installments on August 21, 2025, November 21, 2025, February 21, 2026, and May 19, 2026.
• Following this transaction, Ms. Hobby beneficially owns a total of 3,794 shares of Integer Holdings Corp common stock.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director is a positive sign of alignment between the board and shareholder interests, and is a routine part of executive compensation. It does not indicate any negative operational or financial news.

Positives

• The grant of 1,514 restricted stock units to Director Jean M. Hobby aligns her interests with those of shareholders, incentivizing long-term performance.
• The increase in beneficial ownership to 3,794 shares demonstrates continued commitment from a key board member.

Future Outlook

This filing details a specific equity grant with a future vesting schedule, but does not provide a general future outlook or guidance for the company's operations or financial performance.

Industry Context

The grant of restricted stock units to a director is a common practice in corporate governance across various industries, serving as a form of equity compensation to align the interests of board members with those of shareholders.

Comparison to Industry Standards

• Equity grants to directors are a standard component of compensation packages across publicly traded companies, designed to align the interests of board members with long-term shareholder value creation.
• The specific size of this grant (1,514 RSUs) would typically be benchmarked against director compensation practices at peer companies within the medical device or manufacturing sectors, though such comparative data is not provided in this filing.

Related Party Transactions

• Grant of 1,514 restricted stock units to Jean M. Hobby, a Director of Integer Holdings Corp, as part of her compensation, which constitutes a transaction with a related party.

Stakeholder Impact

• Shareholders: The equity grant aligns the director's financial interests with those of the shareholders, potentially fostering decisions that enhance long-term shareholder value.
• Employees: No direct impact on general employees is indicated by this filing.

Next Steps

• Vesting of the 1,514 restricted stock units in four approximately equal installments on August 21, 2025, November 21, 2025, February 21, 2026, and May 19, 2026.

Key Dates

Keywords

Integer Holdings Corp, ITGR, Form 4, SEC filing, insider transaction, restricted stock units, RSU, equity grant, director compensation, beneficial ownership