Boston Scientific (NYSE: BSX) director receives 24-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morano Susan E reported acquisition or exercise transactions in this Form 4 filing.
Boston Scientific director Susan E. Morano received an equity grant of 24 shares of common stock on March 2, 2026, at no cash cost to her. The award is restricted stock granted in lieu of 50% of her cash compensation, valued at $1,845.25 based on the closing share price on the grant date, and will vest in full at the next annual meeting of stockholders. Following this grant, she directly holds 6,663 Boston Scientific shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Morano Susan E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,663 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Boston Scientific (BSX) report for Susan E. Morano?
Boston Scientific reported that director Susan E. Morano received a grant of 24 shares of common stock on March 2, 2026. This was a restricted stock award rather than an open-market purchase, linked to her director compensation structure.
Was the March 2, 2026 Boston Scientific (BSX) insider transaction a stock purchase or an award?
The March 2, 2026 transaction for Susan E. Morano was a grant or award of restricted stock, not an open-market purchase. It reflects equity compensation issued at no cash cost to her, in lieu of a portion of her normal cash compensation as director.
What was the value of Susan E. Morano’s Boston Scientific (BSX) restricted stock grant?
The restricted stock granted to Susan E. Morano was valued at $1,845.25 in total. This value was calculated by dividing $1,845.25 by the closing price of Boston Scientific common stock on the March 2, 2026 grant date, determining the 24-share award size.
How is Susan E. Morano’s Boston Scientific (BSX) director compensation structured in this grant?
For this transaction, 50% of Susan E. Morano’s cash compensation as a Boston Scientific director was replaced with restricted stock. She received 24 shares valued at $1,845.25, aligning part of her compensation with equity that vests at the next annual stockholders’ meeting.