Avanos Medical (NYSE: AVNS) SVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avanos Medical senior vice president of operations Sigfrido Delgado had shares withheld to cover taxes on a stock award. On the vesting of 16,300 time-based restricted share units, 4,264 shares of common stock were surrendered to Avanos Medical to satisfy tax withholding obligations. Each restricted share unit is economically equivalent to one common share. Following this non-market tax-withholding disposition, Delgado directly holds 55,741 shares of Avanos Medical common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Delgado Sigfrido
Role
SVP, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,264 | $24.64 | $105K |
Holdings After Transaction:
Common Stock — 55,741 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withholding shares: 4,264 shares
Withholding price: $24.64 per share
TRSUs vested: 16,300 units
+2 more
5 metrics
Tax-withholding shares
4,264 shares
Common stock surrendered for tax withholding on award vesting
Withholding price
$24.64 per share
Value used for the 4,264 surrendered shares
TRSUs vested
16,300 units
Time-based restricted share units vesting into common stock
Shares held after
55,741 shares
Direct Avanos Medical common stock ownership after transaction
Transaction date
April 22, 2026
Effective date of tax-withholding share disposition
Key Terms
time-based restricted share units (TRSUs), tax withholding obligations, economic equivalent of one share of Common Stock
3 terms
tax withholding obligations financial
"Reflects shares surrendered to the Issuer to satisfy tax withholding obligations upon the vesting"
FAQ
What transaction did Avanos Medical (AVNS) SVP Sigfrido Delgado report?
Sigfrido Delgado reported a tax-related share disposition, not an open-market trade. 4,264 Avanos Medical common shares were surrendered back to the company to cover tax withholding triggered by the vesting of 16,300 time-based restricted share units.
What stock award vested for Avanos Medical (AVNS) SVP Delgado?
A grant of 16,300 time-based restricted share units vested for Delgado. Each unit is economically equivalent to one share of Avanos Medical common stock, so the vesting effectively delivered 16,300 shares before a portion was withheld to pay taxes.
Was this Avanos Medical (AVNS) insider transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not a market sale. Shares were surrendered back to Avanos Medical to cover tax obligations when restricted share units vested, rather than sold on a stock exchange to outside buyers.