Form 4: Teleflex Executive Cameron P. Hicks Reports Stock Transactions
SEC Form 4
Cameron P. Hicks, a Teleflex Inc. executive, reports the acquisition and disposal of company stock and derivative securities.
Summary
- Cameron P. Hicks, Corporate VP & Chief HR Officer of Teleflex Inc. (TFX), filed a Form 4 detailing changes in beneficial ownership.
- On March 2, 2024, 216 shares of common stock were disposed of to cover tax liabilities at a price of $225.
- On March 5, 2024, Hicks exercised stock options to acquire 3,001 shares at $121 and 4,400 shares at $144.79.
- Also on March 5, 2024, 7,401 shares were sold at $225.
- Following these transactions, Hicks directly owns 10,050.0336 shares of common stock and indirectly owns 36.023 shares through a 401(k) trustee.
- Hicks also owns options to purchase 6,599 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting stock transactions by an executive. The sentiment is neutral as it doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Investors often monitor these filings to gauge executive sentiment and potential future stock performance.
Key Dates
| Date | Description |
|---|---|
| 02/25/2016 | One-third of 3,001 stock options exercisable |
| 02/25/2017 | One-third of 3,001 stock options exercisable |
| 03/01/2017 | One-third of 4,400 stock options exercisable |
| 02/25/2018 | One-third of 3,001 stock options exercisable |
| 03/01/2018 | One-third of 4,400 stock options exercisable |
| 03/01/2019 | One-third of 4,400 stock options exercisable |
| 02/25/2025 | Expiration date for 3,001 stock options |
| 03/01/2026 | Expiration date for 4,400 stock options |
| 03/02/2024 | Disposal of 216 shares for tax liability. |
| 03/05/2024 | Exercise of stock options and sale of 7,401 shares. |
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