Boston Scientific (NYSE: BSX) grants RSUs and options to EVP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boston Scientific executive Vance R. Brown, EVP, GC and Corporate Secretary, reported equity compensation changes tied to restricted stock units and options. On February 12, 2026, 1,442 restricted stock units were exercised into 1,442 shares of common stock, and 488 shares were disposed of to cover tax withholding at $74.12 per share.
Following these transactions, Brown directly held 34,405 shares of common stock. He also received new grants of 7,420 restricted stock units and 17,510 stock options with a $74.12 exercise price, each vesting in four equal annual installments beginning February 12, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,442 shares exercised/converted
Mixed
5 txns
Insider
Brown Vance R
Role
EVP, GC and Corp. Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,442 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,420 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 17,510 | $0.00 | -- |
| Exercise | Common Stock | 1,442 | $0.00 | -- |
| Tax Withholding | Common Stock | 488 | $74.12 | $36K |
Holdings After Transaction:
Restricted Stock Units — 2,886 shares (Direct);
Stock Option (Right to Buy) — 17,510 shares (Direct);
Common Stock — 34,893 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 12, 2025, the first anniversary of the date of grant. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 12, 2027, the first anniversary of the date of grant. Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 12, 2027, the first anniversary of the date of grant.
FAQ
What insider transactions did BSX executive Vance Brown report on February 12, 2026?
Vance Brown reported equity compensation activity on February 12, 2026. He exercised 1,442 restricted stock units into common shares, had 488 shares withheld to cover taxes at $74.12 per share, and reported updated direct ownership and new awards of restricted stock units and stock options.
What new restricted stock unit awards did BSX grant to Vance Brown in this filing?
Boston Scientific granted Vance Brown 7,420 new restricted stock units. Each unit represents a commitment to issue one share of common stock. These units are scheduled to be delivered in four equal annual installments beginning February 12, 2027, according to the accompanying footnote disclosures.
What stock options were granted to BSX executive Vance Brown in this Form 4?
Vance Brown received 17,510 stock options with a $74.12 exercise price. The options relate to Boston Scientific common stock and vest in four equal annual installments starting February 12, 2027, with an expiration date of February 12, 2036, as detailed in the derivative securities table.
How were restricted stock units converted to Boston Scientific (BSX) common stock in this report?
1,442 restricted stock units were converted into 1,442 BSX common shares. The conversion was reported with a transaction code M, indicating an exercise or conversion of a derivative security at a price of $0.0000 per unit, consistent with equity-based compensation practices.