Boston Scientific (NYSE: BSX) EVP exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOSTON SCIENTIFIC CORP executive Arthur C. Butcher reported routine equity compensation activity. On May 2, 2026, he exercised 2,102 Restricted Stock Units, receiving the same number of common shares. These RSUs each represent a commitment to issue one share of Boston Scientific common stock.
To cover tax obligations, 1,007 common shares were disposed of through a tax-withholding transaction at $56.50 per share, which is not an open-market sale. After these transactions, he holds 56,887 common shares directly and 20,228 shares indirectly through the company’s 401(k) Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,102 shares exercised/converted
Mixed
4 txns
Insider
Butcher Arthur C
Role
EVP& Grp Pres, MedSurg & APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,102 | $0.00 | -- |
| Exercise | Common Stock | 2,102 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,007 | $56.50 | $57K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 57,894 shares (Direct, null);
Common Stock — 20,228 shares (Indirect, By 401(k))
Footnotes (1)
- Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock. Balance reflects the most current data available with regard to share holdings in the Company's 401(k) Retirement Savings Plan. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on May 2, 2023, the first anniversary of the date of grant.
Key Figures
RSUs exercised: 2,102 units
Shares withheld for taxes: 1,007 shares
Tax-withholding price: $56.50 per share
+3 more
6 metrics
RSUs exercised
2,102 units
Restricted Stock Units converted to common stock on May 2, 2026
Shares withheld for taxes
1,007 shares
Tax-withholding disposition coded F at $56.50 per share
Tax-withholding price
$56.50 per share
Price for 1,007-share tax-withholding disposition
Direct holdings after transactions
56,887 shares
Common stock directly owned following reported Form 4 events
401(k) plan holdings
20,228 shares
Indirect ownership via company 401(k) Retirement Savings Plan
RSU conversion price
$0.00
RSUs converted to common stock with no exercise price
Key Terms
Restricted Stock Units, tax-withholding disposition, 401(k) Retirement Savings Plan, derivative exercise/conversion, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents the Company's 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
"Payment of exercise price or tax liability by delivering securities"
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.
401(k) Retirement Savings Plan financial
"share holdings in the Company's 401(k) Retirement Savings Plan"
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By 401(k)""
FAQ
What did BSX executive Arthur C. Butcher report on this Form 4?
Arthur C. Butcher reported routine equity compensation activity, exercising 2,102 Restricted Stock Units into common shares. As part of the same event, 1,007 shares were withheld to satisfy tax obligations, and his resulting direct and 401(k) share holdings were updated.
What do the Restricted Stock Units (RSUs) in this BSX Form 4 represent?
Each Restricted Stock Unit represents Boston Scientific’s commitment to issue one share of its common stock. In this filing, 2,102 RSUs were converted into 2,102 common shares as part of a scheduled vesting and exercise event for Arthur C. Butcher.