Form 4: Integer Holdings EVP Receives RSU Grant

Integer Holdings Corp. granted Executive Vice President Terence Carr 1,554 restricted stock units, vesting in three equal annual installments starting January 16, 2027.

Summary

• Terence Carr, Executive Vice President of Quality & Regulatory Affairs at Integer Holdings Corp. (ITGR), was granted 1,554 Restricted Stock Units (RSUs).
• The grant date for these RSUs was January 16, 2026.
• These Restricted Stock Units convert into common stock on a one-for-one basis.
• The RSUs will vest in three equal annual installments, with the first vesting date scheduled for January 16, 2027.

Sentiment

Score: 6

Explanation: The filing reports a standard equity compensation grant to an executive, which is a routine event and generally viewed as a positive for executive retention and alignment with shareholder interests, without indicating any significant operational or financial changes.

Positives

• The grant of 1,554 Restricted Stock Units to a key executive, Terence Carr, aligns management's interests with long-term shareholder value.
• The three-year vesting schedule for the RSUs encourages executive retention and sustained performance over time.

Negatives

• No direct negatives are identified in this routine insider transaction report.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

The grant of restricted stock units with a three-year vesting schedule indicates a continued commitment to the executive and aligns future performance incentives with the company's long-term goals.

Management Comments

• No direct management comments or notable quotes are provided in this Form 4 filing.

Industry Context

The grant of restricted stock units is a standard practice in executive compensation across various industries, including the medical device and manufacturing sectors where Integer Holdings Corp. operates. This type of equity award is commonly used to attract, retain, and incentivize key personnel by aligning their financial interests with the long-term performance of the company.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of executive compensation is a widely accepted industry standard, comparable to practices at companies like Medtronic, Stryker, or Zimmer Biomet, which also utilize equity awards to incentivize their leadership.
• A three-year vesting schedule is a common structure for such grants, balancing executive retention with performance incentives over a reasonable period.

Stakeholder Impact

• Shareholders: Potential minor future dilution upon vesting, but generally positive for aligning executive incentives with long-term shareholder value.
• Employees: May signal stability in executive leadership and standard compensation practices.

Next Steps

• The granted Restricted Stock Units will begin vesting in three equal annual installments starting January 16, 2027.

Key Dates

Keywords

Integer Holdings Corp, ITGR, Restricted Stock Units, RSU, equity compensation, insider transaction, executive compensation, Form 4, Terence Carr