Boston Scientific EVP converts 1,171 RSUs to stock
Boston Scientific’s EVP, Global Operations received common shares from RSU conversion, with part of the award used to cover tax or exercise obligations.
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Rhea-AI Filing Summary
BOSTON SCIENTIFIC CORP (BSX) reported that EVP, Global Operations Padraig Andrew O'Connor had 1,171 restricted stock units convert into 1,171 shares of common stock on September 2, 2026. Each unit represents a commitment to issue one Boston Scientific share. Of the shares issued, 567 shares were delivered or withheld to pay the exercise price or tax liability, with the remaining shares held directly. Following the transaction, 3,516 restricted stock units remain outstanding and are scheduled to be settled in four equal annual installments beginning on September 2, 2026. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,171 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 1,171 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 567 | $48.37 | $27K |
Footnotes (3)
- F1. Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- F2. Includes shares acquired under the Boston Scientific Employee Stock Purchase Plan based upon the most current data available.
- F3. Shares of common stock will be issued to the reporting person in four equal annual installments beginning on September 2, 2026, the first anniversary of the date of grant.
Key Figures
Key Terms
Restricted Stock Units financial
Employee Stock Purchase Plan financial
tax liability financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BSX report for EVP Padraig Andrew O'Connor on September 2, 2026?
How many restricted stock units does the BSX executive hold after the reported transaction?
Was a Rule 10b5-1 trading plan used for the BSX insider transactions reported here?
What does each BSX restricted stock unit represent in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.