Boston Scientific (BSX) director receives $215,000 restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mega Jessica L reported acquisition or exercise transactions in this Form 4 filing.
Boston Scientific director Jessica L. Mega received an annual equity award of 3,800 shares of Common Stock. The award is in the form of restricted stock that will vest in full at the next annual meeting of stockholders. The footnote explains the grant reflects a value of $215,000 divided by the closing price of the common stock on the grant date. Following this compensation-related award, she directly holds 12,035 shares of Boston Scientific common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mega Jessica L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,035 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 3,800 shares
Award value: $215,000
Post-transaction holdings: 12,035 shares
3 metrics
Restricted stock grant
3,800 shares
Annual equity award of Common Stock
Award value
$215,000
Equity award value divided by closing price on grant date
Post-transaction holdings
12,035 shares
Common Stock directly held after grant
Key Terms
restricted stock, annual equity award, closing price
3 terms
restricted stock financial
"Annual equity award in the form of restricted stock vesting in full upon the next annual meeting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
annual equity award financial
"Annual equity award in the form of restricted stock vesting in full upon the next annual meeting"
closing price financial
"Reflects a value of $215,000 divided by the closing price of common stock on the date of grant"
FAQ
What did Boston Scientific (BSX) director Jessica Mega report on this Form 4?
Jessica L. Mega reported receiving an annual equity award of 3,800 shares of Boston Scientific Common Stock. These shares are restricted stock granted as director compensation and will vest in full at the next annual meeting of stockholders, according to the Form 4 footnote.
Is the Boston Scientific (BSX) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. Jessica L. Mega received 3,800 restricted shares as an annual equity award, with no cash price per share, reflecting standard director compensation rather than a discretionary market transaction.
How is the value of Jessica Mega’s Boston Scientific (BSX) equity award determined?
The equity award value is set at $215,000, divided by the closing price of Boston Scientific common stock on the grant date. This calculation determines the 3,800 restricted shares granted, aligning the award’s dollar value with the company’s market price that day.