Form 4: Integer Holdings Director Michael Coyle Awarded RSUs

Integer Holdings Corp director Michael J. Coyle received a grant of 1,967 restricted stock units as part of his compensation, vesting over the next year.

Summary

• Michael J. Coyle, a director at Integer Holdings Corp (ITGR), was granted 1,967 restricted stock units (RSUs) on May 20, 2026.
• The RSUs convert into common stock on a one-for-one basis upon vesting.
• Following this transaction, Coyle's total beneficial ownership increased to 3,322 shares.
• The grant is scheduled to vest in four approximately equal installments through May 18, 2027.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine and positive governance event that reinforces director alignment with shareholder interests.

Positives

• Increased insider ownership aligns the director's interests with those of the shareholders.
• The quarterly vesting schedule encourages the director's continued service and long-term commitment to the company.

Negatives

• The issuance of new shares through RSU conversion results in a minor dilutive effect for existing shareholders.

Risks

• The ultimate value of the compensation is subject to market volatility and the future performance of ITGR stock.

Future Outlook

The granted RSUs are expected to vest in quarterly increments, with the final installment vesting on May 18, 2027, assuming continued service on the board.

Industry Context

StockSavvy.ai notes that equity-based compensation for directors is a standard practice in the medical technology and manufacturing sectors to ensure board members are incentivized to drive long-term shareholder value.

Comparison to Industry Standards

• Integer Holdings' use of RSUs for director compensation is consistent with practices at peer companies such as Teleflex Inc and Merit Medical Systems.
• The quarterly vesting structure is a common governance mechanism used to ensure continuous oversight and alignment.

Related Party Transactions

• The grant of 1,967 RSUs to Director Michael J. Coyle constitutes a standard compensatory transaction between the issuer and a related party.

Stakeholder Impact

• Shareholders may see improved board alignment due to increased director equity stakes.
• The director receives performance-linked incentives.

Next Steps

• Monitor the scheduled vesting dates through May 2027 for the conversion of units into common stock.

Key Dates

Recommendation

This is a routine administrative filing regarding director compensation and does not indicate a material change in the company's fundamental value or strategic direction.

Keywords

Integer Holdings Corp, ITGR, Insider Trading, Restricted Stock Units, Director Compensation, Michael J. Coyle, SEC Form 4