Form 4: Integer Holdings SVP Andrew Senn Reports Stock Transactions

Integer Holdings Corp's SVP of Strategy and Business Development, Andrew Senn, reported recent acquisitions of common stock through RSU conversions and subsequent tax-related sales.

Summary

• Andrew Senn, SVP, Strategy and Business Development at Integer Holdings Corp (ITGR), reported multiple transactions involving the company's common stock and Restricted Stock Units (RSUs).
• On January 16, 2026, Senn was granted 3,497 new Restricted Stock Units (RSUs), which will vest in three equal annual installments starting January 16, 2027.
• Senn acquired a total of 3,217 shares of common stock through the conversion of previously granted RSUs on January 17, 2026 (630 shares), January 19, 2026 (363 shares), and January 20, 2026 (2,224 shares).
• Following these acquisitions, Senn's direct beneficial ownership of common stock increased to 12,625 shares.
• To cover tax withholding obligations related to RSU vesting, Senn disposed of 361 shares at $85.78 on January 19, 2026, and 724 shares at $85.15 on January 20, 2026.
• After all reported transactions, Senn's direct beneficial ownership of common stock stands at 11,540 shares.
• Remaining derivative securities include 3,497 newly granted RSUs, 1,261 RSUs from a January 17, 2025 grant, and 363 RSUs from a January 19, 2024 grant.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing details routine insider transactions related to executive compensation, including RSU grants, conversions, and tax-related sales. These are expected events and do not indicate any significant positive or negative operational or financial developments for the company.

Positives

• Andrew Senn received a new grant of 3,497 Restricted Stock Units (RSUs) on January 16, 2026, aligning his interests with long-term company performance.
• Senn acquired a total of 3,217 shares of common stock through the conversion of previously vested RSUs, increasing his direct equity stake in the company.

Negatives

• Senn disposed of 1,085 shares of common stock (361 shares at $85.78 and 724 shares at $85.15) to satisfy tax withholding obligations related to RSU vesting, which is a reduction in his direct shareholding.

Future Outlook

The newly granted 3,497 Restricted Stock Units (RSUs) will vest in three equal annual installments, commencing on January 16, 2027, indicating future equity compensation for the reporting person.

Industry Context

This filing represents a routine insider transaction related to executive compensation, specifically the vesting and conversion of Restricted Stock Units (RSUs) and subsequent tax-related sales. Such transactions are common across publicly traded companies as part of their executive incentive programs and do not typically reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The transactions represent a routine aspect of executive compensation, with a minor increase in outstanding shares due to RSU conversions, partially offset by tax-related sales. This is unlikely to have a material impact on existing shareholders.
• Employees: The RSU grant to a senior executive reinforces the company's compensation structure, potentially signaling stability in executive incentives.

Next Steps

• The newly granted 3,497 Restricted Stock Units will begin vesting in three equal annual installments starting January 16, 2027.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting and conversion of Restricted Stock Units (RSUs) and subsequent tax-related sales. These are pre-scheduled events and do not provide new fundamental information about Integer Holdings Corp's operational performance, financial health, or strategic direction. Therefore, it does not warrant a change in investment thesis, and a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Integer Holdings, ITGR, Andrew Senn, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Executive Compensation, Stock Grant, Beneficial Ownership