Form 4: Integra LifeSciences CEO Jan De Witte Reports Stock Transactions
SEC Form 4 Filing
CEO Jan De Witte reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On November 1, 2024, Integra LifeSciences Holdings Corp CEO Jan De Witte reported transactions involving the company's common stock.
- These transactions included the vesting of 9,814 restricted stock units (RSUs) which converted into shares of common stock on a one-for-one basis.
- Simultaneously, De Witte disposed of 4,262 shares to cover tax obligations at a price of $19.28 per share.
- Following these transactions, De Witte directly owns 23,902 shares of common stock and 120,466 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 11/01/2022 | Reporting person was granted a restricted stock unit award which vests in three equal annual installments on the first, second and third anniversaries of the grant date. |
| 11/01/2024 | Date of transactions: vesting of restricted stock units and disposition of shares for tax obligations. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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