Form 4: Omnicell Executive Sells Shares to Cover Taxes After Stock Vesting

Corey J. Manley, EVP & Chief Legal/Admin Officer at Omnicell, sold 222 shares of common stock to cover taxes related to vesting restricted stock units.

Summary

• Corey J. Manley, an executive at Omnicell, sold 222 shares of common stock on December 15, 2024.
• The sale was executed to cover taxes due in connection with the vesting of restricted stock units.
• The shares were sold at a price of $46.01 per share.
• Following the transaction, Manley directly owns 49,002 shares of Omnicell stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment towards the company's performance.

Industry Context

This is a routine transaction related to executive compensation and is common for publicly traded companies. It does not indicate any change in the company's performance or outlook.

Comparison to Industry Standards

• Executive stock sales to cover taxes are a standard practice across publicly traded companies.
• The number of shares sold is relatively small compared to the total shares owned by the executive, suggesting this is a routine tax-related transaction rather than a significant divestment.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of a small number of shares by an executive.

Key Dates

Keywords

Omnicell, stock sale, insider trading, Form 4, executive compensation, restricted stock units, tax withholding