Form 4: Integer Holdings Executive Stock Transaction
Statement of Changes in Beneficial Ownership
EVP John A. Harris acquired 3,837 shares of Integer Holdings Corp through the vesting of restricted stock units.
Summary
- John A. Harris, EVP of Global Operations and Manufacturing, acquired 3,837 shares of common stock upon the vesting of restricted stock units (RSUs).
- 1,842 shares were withheld by the company to satisfy tax obligations related to the vesting event.
- The transaction resulted in a net increase of 1,995 shares in the reporting person's direct holdings.
- Following the transaction, the reporting person holds a total of 8,657 shares of Integer Holdings Corp.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents routine equity compensation vesting rather than a discretionary market trade.
Positives
- The transaction reflects the fulfillment of equity-based compensation, aligning executive interests with shareholder value.
Negatives
- The company withheld 1,842 shares to cover tax liabilities, which is a standard administrative procedure but reduces the net shares acquired by the executive.
Risks
- None identified; this is a routine disclosure of equity compensation vesting.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory disclosure regarding executive compensation and does not indicate a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The vesting of equity compensation is consistent with standard executive compensation practices in the medical device and manufacturing sectors.
- Tax withholding practices align with standard corporate governance protocols for publicly traded companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation-related transaction.
Next Steps
- No future actions or milestones mentioned.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Grant date of the restricted stock units. |
| 03/31/2026 | Vesting date of the restricted stock units and transaction date. |
| 04/02/2026 | Date of filing. |
Keywords
Integer Holdings, ITGR, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units
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