AngioDynamics (ANGO) CFO Trowbridge receives 53,257 RSUs and performance rights
Rhea-AI Filing Summary
Trowbridge Stephen A reported acquisition or exercise transactions in this Form 4 filing.
AngioDynamics EVP and CFO Stephen A. Trowbridge received equity awards on July 15, 2026. He was granted 53,257 restricted stock units, vesting in four equal annual installments each July 15 from 2027 through 2030, and 53,257 performance rights, each a contingent right to one share of common stock. Payout on the performance rights can range from 0% up to 240% of the target, based on relative total shareholder return over a three-year performance period. After the restricted stock unit award, his directly held common stock reported in this line totals 297,819 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 53,257 shares
Net Buy
2 txns
Insider
Trowbridge Stephen A
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Right F2 | 53,257 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 53,257 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Right — 53,257 shares (Direct);
Common Stock — 297,819 shares (Direct)
Footnotes (2)
- F1. The acquisition of 53,257 shares of common stock ("Common Stock") of AngioDynamics, Inc. represents 53,257 restricted stock units, each of which represents a contingent right to receive one share of Common Stock. These restricted stock units vest in four equal annual installments beginning on July 15, 2027, such that 25% of the restricted stock units will vest on each of July 15, 2027, 2028, 2029 and 2030.
- F2. Each performance right represents a contingent right to receive one share of Common Stock. The target number of shares of Common Stock is set forth in columns 5 and 7 of Table II. Between 0% and 200% of the target number will be earned based on total shareholder return relative to a peer group of companies over a three-year performance period (with a potential upward or downward 20% adjustment on the calculated achievement based on total shareholder return relative to a peer group of companies over a three-year performance period (for a total potential payout of up to 240% of the target number in the aggregate)) in accordance with performance metrics as determined by the compensation committee. Any shares that do not vest at the end of the performance period will be forfeited.
Key Figures
Restricted stock units granted: 53,257 units
Performance rights granted (target): 53,257 rights
RSU vesting pattern: 25% annually
+2 more
5 metrics
Restricted stock units granted
53,257 units
Awarded to EVP and CFO Stephen A. Trowbridge on July 15, 2026
Performance rights granted (target)
53,257 rights
Each performance right represents a contingent right to receive one share of Common Stock
RSU vesting pattern
25% annually
Restricted stock units vest in four equal annual installments each July 15 from 2027 through 2030
Maximum payout vs target
240% of target
Total potential payout for performance rights based on three-year total shareholder return relative to a peer group
Direct common stock after award
297,819 shares
Directly held common stock reported following the July 15, 2026 restricted stock unit grant
Key Terms
restricted stock units, performance right, total shareholder return, peer group of companies, +1 more
5 terms
restricted stock units financial
"represents 53,257 restricted stock units, each of which represents"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance right financial
"Each performance right represents a contingent right to receive"
peer group of companies financial
"relative to a peer group of companies over a three-year"
performance period financial
"over a three-year performance period in accordance with performance metrics"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
FAQ
What equity awards did AngioDynamics (ANGO) CFO Stephen A. Trowbridge receive?
Stephen A. Trowbridge received 53,257 restricted stock units and 53,257 performance rights on July 15, 2026. Each unit or right represents a contingent right to receive one share of AngioDynamics common stock, subject to time-based vesting and performance conditions.
How do the restricted stock units for AngioDynamics (ANGO) CFO vest?
The 53,257 restricted stock units vest in four equal annual installments of 25% each. Vesting occurs on July 15 of 2027, 2028, 2029 and 2030, assuming the applicable service conditions are satisfied at each vesting date.
What determines the payout of the AngioDynamics (ANGO) performance rights granted to the CFO?
Each performance right is tied to total shareholder return versus a peer group over a three-year period. The payout can range from 0% to a maximum of 240% of the target number, with unearned shares forfeited at the end of the performance period.
Were the AngioDynamics (ANGO) CFO’s equity awards made under a Rule 10b5-1 trading plan?
The Form 4 data indicate the Rule 10b5-1 checkbox is not marked as an affirmative plan. No accompanying footnote describes these equity awards as being executed under a Rule 10b5-1 or other pre-arranged trading plan.
What happens to AngioDynamics (ANGO) CFO performance rights that do not vest?
Any performance rights that are not earned at the end of the three-year performance period are forfeited. The number earned depends on total shareholder return relative to a peer group, including a potential 20% upward or downward adjustment to calculated achievement.
AI-generated analysis. How Rhea-AI works. Not financial advice.