Boston Scientific (NYSE: BSX) EVP awarded RSUs and stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Boston Scientific executive Padraig Andrew O'Connor, EVP Global Operations, reported several equity compensation transactions dated February 12, 2026. He exercised 1,058 restricted stock units into common shares and had 457 shares withheld at $74.12 per share to cover tax obligations, leaving 4,486 common shares directly owned.
He now directly holds 2,116 restricted stock units from earlier awards. On the same date, he received a new grant of 5,059 restricted stock units and 11,939 stock options. The RSUs and options vest in four equal annual installments beginning on February 12, 2027, with each unit or option tied to one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,058 shares exercised/converted
Mixed
5 txns
Insider
O'Connor Padraig Andrew
Role
EVP, Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,058 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 5,059 | $0.00 | -- |
| Grant/Award | Stock Option (Right to Buy) | 11,939 | $0.00 | -- |
| Exercise | Common Stock | 1,058 | $0.00 | -- |
| Tax Withholding | Common Stock | 457 | $74.12 | $34K |
Holdings After Transaction:
Restricted Stock Units — 2,116 shares (Direct);
Stock Option (Right to Buy) — 11,939 shares (Direct);
Common Stock — 4,943 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock. 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 EVP Padraig O'Connor report?
Padraig O'Connor reported equity compensation activity, not open-market trades. He exercised 1,058 restricted stock units into common stock, had 457 shares withheld for taxes, and received new grants of 5,059 restricted stock units and 11,939 stock options, all dated February 12, 2026.
What restricted stock unit grants did BSX award to Padraig O'Connor?
Boston Scientific granted 5,059 new restricted stock units to O'Connor. Each unit represents a commitment to issue one share of common stock. These RSUs will be settled in four equal annual installments starting February 12, 2027, subject to the award’s vesting conditions.
What stock options did Boston Scientific grant to its EVP of Global Operations?
O'Connor received 11,939 stock options labeled as a right to buy shares. The options were granted on February 12, 2026 and vest in four equal annual installments beginning February 12, 2027, aligning with the company’s long-term equity incentive structure.
How do the vesting schedules work for O'Connor's BSX equity awards?
O'Connor’s RSU and option awards vest in four equal annual installments. Common stock from earlier RSUs begins issuing February 12, 2025, while the 5,059 RSUs and 11,939 options granted in 2026 start vesting on February 12, 2027, spreading value over several years.