Boston Scientific EVP exercises RSUs, withholds shares
Boston Scientific EVP Padraig Andrew O'Connor reported multiple equity award transactions.
Rhea-AI Filing Summary
Boston Scientific EVP Padraig Andrew O'Connor reported multiple equity award transactions. On February 13, 14, and 16, 2026, restricted stock units covering 500, 1,190, and 905 units were exercised or converted into an equal number of Boston Scientific common shares at a stated price of $0.00 per share.
Related Form 4 entries show dispositions of 199, 449, and 339 common shares at $74.73 per share, characterized as payments of tax liability by delivering shares rather than open-market sales. Footnotes explain that each restricted stock unit represents a commitment to issue one share, generally in four equal annual installments beginning on specified February anniversaries of the grant dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 905 | $0.00 | $0.00 |
| Exercise | Common Stock | 905 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 339 | $74.73 | $25K |
| Exercise | Restricted Stock Units | 1,190 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,190 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 449 | $74.73 | $34K |
| Exercise | Restricted Stock Units | 500 | $0.00 | $0.00 |
| Exercise | Common Stock | 500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 199 | $74.73 | $15K |
Footnotes (4)
- F1. Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 13, 2026, the first anniversary of the date of grant.
- F3. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 14, 2024, the first anniversary of the date of grant.
- F4. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 16, 2023, the first anniversary of the date of grant.
FAQ
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What insider transactions did Boston Scientific (BSX) report for Padraig Andrew O'Connor?
What role does Padraig Andrew O'Connor hold at Boston Scientific (BSX)?
How do the Boston Scientific (BSX) restricted stock units vest for Padraig O'Connor?
Did the Boston Scientific (BSX) Form 4 show open-market stock purchases or sales?
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