Form 4: Integer Holdings Executive's Routine Stock Transactions
Insider Transaction Report
An Integer Holdings Corp executive reported the conversion of restricted stock units into common stock and a subsequent sale to cover taxes.
Summary
- Lindsay K. Blackwood, SVP, General Counsel & Secretary of Integer Holdings Corp (ITGR), reported transactions on March 24, 2026.
- Acquired 1,777 shares of common stock upon the vesting and conversion of restricted stock units.
- Acquired an additional 1,706 shares of common stock upon the vesting and conversion of restricted stock units.
- Disposed of 1,049 shares of common stock at a price of $86.19 per share, typically to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Blackwood directly beneficially owns 2,434 shares of common stock.
- Blackwood also directly holds 3,556 and 1,707 restricted stock units that are yet to vest.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, reflecting standard executive compensation vesting and tax-related sales, which are routine and do not indicate a change in company fundamentals or executive sentiment.
Positives
- The vesting of 1,777 and 1,706 restricted stock units indicates the fulfillment of compensation milestones for the executive.
- The conversion of restricted stock units into common stock increases the executive's direct equity stake in the company (before the tax-related sale).
Negatives
- The disposition of 1,049 shares of common stock, even for tax purposes, reduces the executive's direct beneficial ownership of the company's shares.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine insider transactions like restricted stock unit conversions and tax-related sales are common for executives and typically do not signal major strategic shifts, but rather reflect compensation plan mechanics.
Stakeholder Impact
- Shareholders: Minimal impact as these are routine compensation-related transactions and do not reflect a change in company strategy or performance.
Next Steps
- Future vesting installments of the remaining restricted stock units on their scheduled dates.
Key Dates
| Date | Description |
|---|---|
| 03/24/2025 | Grant date for 5,333 and 3,413 restricted stock units to the reporting person. |
| 03/24/2026 | Transaction date for the vesting, conversion, and sale of common stock. |
| 03/25/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThis Form 4 details routine insider transactions related to executive compensation (vesting of restricted stock units and subsequent sale for tax purposes). Such transactions are generally neutral and do not provide new fundamental information to warrant a change in investment recommendation. The sale for tax purposes is a common practice and does not necessarily reflect a lack of confidence in the company.
Keywords
Integer Holdings, ITGR, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, Executive Compensation, Lindsay K. Blackwood
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