Boston Scientific director granted deferred stock units
Boston Scientific director Cheryl Pegus reported an equity award in the form of deferred stock units.
Rhea-AI Filing Summary
Boston Scientific director Cheryl Pegus reported an equity award in the form of deferred stock units. On March 2, 2026, she acquired 24 deferred stock units at a stated price of $0.00 per unit, reflecting $1,845.25 of compensation based on the common stock’s closing price that day.
Each deferred stock unit represents a commitment by Boston Scientific to issue one share of common stock in the future. These units were granted in lieu of 50% of her yearly cash compensation, vest in full at the next annual stockholder meeting, and the underlying shares will be delivered after she leaves the Board under the company’s non-employee director deferred compensation plan. Following this grant, her reported direct holdings total 5,917 deferred stock units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 24 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2. Deferred stock units granted in lieu of 50% yearly cash compensation, vesting in full upon the next annual meeting of stockholders. Vested shares of stock will be issued to the reporting person following the reporting person's separation from Board of Directors service in accordance with the Company's Non-Employee Director Deferred Compensation Plan. Reflects a value of $1,845.25, divided by the closing price of the common stock on the date of grant.
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What insider transaction did Boston Scientific (BSX) director Cheryl Pegus report?
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What is the value of the deferred stock units granted to Boston Scientific (BSX) director Cheryl Pegus?
How many deferred stock units does Boston Scientific (BSX) director Cheryl Pegus hold after this Form 4?
Why did Boston Scientific (BSX) grant deferred stock units instead of cash to Cheryl Pegus?
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