Form 4: Integer Holdings Director Pamela G. Bailey Reports Acquisition of Restricted Stock Units

Integer Holdings Corp Director Pamela G. Bailey has reported the acquisition of 2,018 Restricted Stock Units, which will convert into common stock upon vesting.

Summary

• Pamela G. Bailey, a Director of Integer Holdings Corp (ITGR), reported changes in her beneficial ownership via a Form 4 filing.
• She acquired 2,018 Restricted Stock Units (RSUs) on May 21, 2025, as part of a grant.
• These RSUs convert into common stock on a one-for-one basis.
• The RSUs are scheduled to vest in approximately equal installments on August 21, 2025, November 21, 2025, February 21, 2026, and May 19, 2026.
• Ms. Bailey has elected to defer the settlement of the common stock underlying these RSUs until her separation from service as a director or a change in control of the Issuer.
• Following this transaction, Ms. Bailey directly owns 53,169 shares of Common Stock and 2,018 RSUs.

Sentiment

Score: 7

Explanation: The grant of RSUs to a director is a positive sign of continued alignment and commitment, though it's a routine compensation event rather than a major strategic announcement.

Positives

• The acquisition of 2,018 Restricted Stock Units by a director indicates continued alignment of interests with shareholders.
• The deferral of RSU settlement until separation or change of control suggests a long-term commitment by the director to the company's future.

Future Outlook

The future outlook for Pamela G. Bailey's equity holdings includes the vesting of 2,018 Restricted Stock Units in installments through May 2026, with the common stock settlement deferred until her separation from service as a director or a change in control of Integer Holdings Corp.

Industry Context

This Form 4 filing is a routine disclosure of an insider equity transaction, specifically an RSU grant, which is a common component of director compensation across various industries to align management and director interests with shareholder value.

Corporate Governance

Related Party Transactions

• The grant of 2,018 Restricted Stock Units to Pamela G. Bailey, a director, constitutes a related party transaction as it is a compensation arrangement between the company and an insider.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests more closely with long-term shareholder value, potentially fostering more shareholder-centric decision-making.

Next Steps

• Vesting of the granted Restricted Stock Units on August 21, 2025, November 21, 2025, February 21, 2026, and May 19, 2026.
• Conversion of RSUs into common stock upon vesting, with settlement deferred until separation from service or a change in control of the Issuer.

Key Dates

Recommendation

Keywords

Integer Holdings Corp, ITGR, SEC Form 4, Insider Transaction, Restricted Stock Units, RSUs, Director Compensation, Equity Grant, Beneficial Ownership