Boston Scientific (BSX) director receives $215,000 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Habiger David C reported acquisition or exercise transactions in this Form 4 filing.
Boston Scientific director David C. Habiger received an annual equity award of 3,800 shares of common stock. The award is in the form of restricted stock that will vest in full at the next annual meeting of stockholders. According to the filing, the grant reflects a value of $215,000, based on the closing price of the common stock on the grant date. After this grant, Habiger directly holds 9,428 shares of Boston Scientific common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Habiger David C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,428 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 3,800 shares
Award value: $215,000
Shares owned after grant: 9,428 shares
3 metrics
Restricted stock grant
3,800 shares
Annual equity award to director on grant date
Award value
$215,000
Value divided by closing price to determine shares
Shares owned after grant
9,428 shares
Total direct holdings following the transaction
Key Terms
restricted stock, annual equity award, Form 4
3 terms
restricted stock financial
"Annual equity award in the form of restricted stock vesting in full upon the next annual meeting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
annual equity award financial
"Annual equity award in the form of restricted stock vesting in full upon the next annual meeting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Boston Scientific (BSX) director David Habiger report on this Form 4?
David C. Habiger reported receiving an equity award of 3,800 Boston Scientific common shares. The award is restricted stock granted as director compensation and vests in full at the next annual stockholder meeting, increasing his direct holdings to 9,428 shares.
Was the Boston Scientific (BSX) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of shares, not a market trade. Habiger received 3,800 restricted shares as an annual equity award at no purchase price, so it is compensation-related rather than an open-market buy or sell transaction.
What is the value of the equity award reported by Boston Scientific (BSX)?
The equity award has a stated value of $215,000. This value is calculated by dividing $215,000 by the closing price of Boston Scientific’s common stock on the grant date to determine the 3,800 restricted shares granted to director David C. Habiger.
When do the restricted stock awards to the Boston Scientific (BSX) director vest?
The 3,800 restricted shares vest in full at the next annual meeting of stockholders. Until vesting, they are subject to restrictions, but they represent part of David C. Habiger’s director compensation and are included in his reported direct holdings.