Form 4: STAAR Surgical CFO Patrick F. Williams Reports Stock Vesting
SEC Form 4 Filing
Patrick F. Williams, CFO of STAAR Surgical, reports the vesting of restricted stock units on March 12, 2025.
Summary
- Patrick F. Williams, the Chief Financial Officer of STAAR Surgical Co, filed a Form 4 on March 14, 2025.
- The form reports the vesting of 8,153 restricted stock units (RSUs) on March 12, 2025.
- These RSUs were granted on March 12, 2024, and vest in three equal installments.
- The CFO still owns 56,242 shares of common stock following the reported transaction.
- After this transaction, Mr. Williams holds 16,307 RSUs.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of stock vesting, indicating continued employment but not necessarily a significant positive or negative event.
Positives
- The vesting of RSUs indicates continued employment and alignment of the CFO's interests with the company's performance.
Future Outlook
The remaining RSUs will vest in two equal installments on March 12, 2026, and March 12, 2027.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The vesting of RSUs aligns the CFO's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date the restricted stock units (RSUs) were granted to Patrick F. Williams. |
| 03/12/2025 | Date of the reported transaction: vesting of 8,153 RSUs. |
| 03/14/2025 | Date the Form 4 was filed. |
| 03/12/2026 | Next vesting date for 8,153 RSUs. |
| 03/12/2027 | Final vesting date for 8,154 RSUs. |
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