Form 4: Butcher Arthur C reports multiple insider transactions in BSX
Rhea-AI Filing Summary
Butcher Arthur C reported multiple insider transaction types in a Form 4 filing for BSX. The filing lists transactions totaling 57,681 shares at a weighted average price of $74.12 per share. Following the reported transactions, holdings were 5,386 shares.
Positive
- None.
Negative
- None.
Insights
Routine stock awards and option grants to a senior executive, with tax withholding on shares.
Arthur C. Butcher, an executive at Boston Scientific, reported standard equity compensation activity. He exercised 2,692 restricted stock units into common shares and had 1,302 shares withheld to satisfy tax liabilities, a common practice that does not represent an open-market sale.
He was granted 15,178 new restricted stock units and stock options on 35,817 shares, expanding his long-term, performance-linked exposure to the company. These awards vest in equal annual installments starting on February 12, 2027, aligning incentives over multiple years.
After the transactions, he held 24,990 common shares directly and 13,354 indirectly via a 401(k) plan, plus unvested restricted stock units and options. Taken together, these moves look like routine compensation rather than a directional bet on the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,692 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 15,178 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 35,817 | $0.00 | -- |
| Exercise | Common Stock | 2,692 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,302 | $74.12 | $97K |
| holding | Common Stock | -- | -- | -- |
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 February 12, 2025, the first anniversary of the date of grant. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 12, 2027, the first anniversary of the date of grant. Grant to the reporting person of an option to purchase a specified number of shares of common stock vesting in four equal annual installments beginning on February 12, 2027, the first anniversary of the date of grant.
FAQ
What insider transactions did BSX executive Arthur C. Butcher report on February 12, 2026?
What new equity awards did Boston Scientific grant to Arthur C. Butcher?
How do Arthur C. Butcher’s restricted stock units in BSX convert into common stock?
What are the vesting terms of Arthur C. Butcher’s new Boston Scientific stock options?