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

Corey J. Manley, EVP & Chief Legal/Admin Officer at Omnicell, sold 225 shares of common stock to cover taxes related to vesting restricted stock units.

Summary

• Corey J. Manley, an executive at Omnicell, sold 225 shares of common stock on November 15, 2024.
• The sale was executed at a price of $45.67 per share.
• This transaction was to cover taxes due in connection with the vesting of restricted stock units.
• Following the transaction, Manley directly owns 49,224 shares of Omnicell common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine transaction related to executive compensation and is common for publicly traded companies.

Comparison to Industry Standards

• Executive stock sales to cover taxes upon vesting of restricted stock units are a standard practice across publicly traded companies.
• The number of shares sold and the price are typical for such transactions and do not indicate any unusual activity compared to similar companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover taxes.

Key Dates

Keywords

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