Boston Scientific (BSX) CFO reports RSU conversion and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boston Scientific EVP and CFO Jonathan Monson reported routine equity compensation activity involving restricted stock units. He exercised 2,087 restricted stock units into 2,087 shares of common stock and, in a related tax-withholding disposition, 1,010 shares were withheld at a price of $43.06 per share to cover tax obligations. After these transactions, he directly holds 39,063 shares of common stock and 6,263 restricted stock units, which each represent a commitment by the company to issue one share of common stock in the future, with shares to be issued in four equal annual installments beginning on July 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,087 shares exercised/converted
Mixed
3 txns
Insider
Monson Jonathan
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,087 | $0.00 | -- |
| Exercise | Common Stock | 2,087 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,010 | $43.06 | $43K |
Holdings After Transaction:
Restricted Stock Units — 6,263 shares (Direct, null);
Common Stock — 40,073 shares (Direct, null)
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 July 1, 2026, the first anniversary of the date of grant.
Key Figures
Tax-withheld shares: 1,010 shares at $43.06
RSUs exercised: 2,087 restricted stock units
Common shares held: 39,063 shares
+1 more
4 metrics
Tax-withheld shares
1,010 shares at $43.06
Shares withheld to satisfy tax liability on 2026-07-01
RSUs exercised
2,087 restricted stock units
Converted into common stock on 2026-07-01
Common shares held
39,063 shares
Direct ownership after transactions
RSUs outstanding
6,263 restricted stock units
Units remaining after reported activity
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative exercise/conversion, derivative security
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote describing each unit as a commitment to issue one share"
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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the F-code transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for the M-code transactions"
derivative security financial
"transaction_code_description references "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did Boston Scientific (BSX) CFO Jonathan Monson report?
Jonathan Monson reported exercising 2,087 restricted stock units into common shares and a related tax-withholding disposition of 1,010 shares at $43.06 per share. These actions reflect routine equity compensation and tax settlement activity rather than open-market buying or selling.
What does the tax-withholding disposition in the Boston Scientific (BSX) Form 4 mean?
The tax-withholding disposition shows 1,010 shares withheld at $43.06 per share to satisfy tax liabilities arising from equity vesting. This is not an open-market sale but a mechanism for covering taxes owed when restricted stock units convert into common shares.
How do the restricted stock units reported for Boston Scientific (BSX) CFO vest and settle?
Each restricted stock unit represents a commitment to issue one Boston Scientific common share. According to the disclosure, shares will be issued to Jonathan Monson in four equal annual installments beginning July 1, 2026, aligning equity compensation with multi-year service and performance.
Did the Boston Scientific (BSX) CFO’s Form 4 show open-market buying or selling?
The filing did not show open-market purchases or sales. It reported an exercise of 2,087 restricted stock units into common stock and a related tax-withholding disposition of 1,010 shares, both standard components of equity compensation administration rather than discretionary market trades.