Form 4: Teleflex Executive Thomas E. Powell Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President & CFO of Teleflex Inc., Thomas E. Powell, reports transactions involving common stock, including shares withheld for tax liability and shares forfeited due to retirement.
Summary
- Thomas E. Powell, Executive Vice President & CFO of Teleflex Inc., filed a Form 4 detailing changes in beneficial ownership of Teleflex common stock.
- On April 1, 2025, 468 shares were withheld to cover tax liabilities upon the vesting of restricted stock units at a price of $140.3 per share.
- Also on April 1, 2025, 655 shares underlying a restricted stock unit award were forfeited due to Powell's retirement.
- Following these transactions, Powell directly owns 20,812 shares of Teleflex common stock and indirectly owns 398.398 shares through a 401(k) trustee.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to executive compensation and retirement.
Negatives
- 655 shares were forfeited due to the reporting person's retirement, which could be seen as a loss of potential equity.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership and transactions.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Shares withheld to satisfy tax liability upon vesting of restricted stock units. |
| 04/01/2025 | Shares underlying a restricted stock unit award forfeited due to retirement. |
| 04/03/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Teleflex, TFX, Executive Compensation, Stock Options, Restricted Stock Units, Retirement, Tax Withholding
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