[Form 4] BOSTON SCIENTIFIC CORP Insider Trading Activity
Rhea-AI Filing Summary
Morano Susan E reported acquisition or exercise transactions in this Form 4 filing.
Boston Scientific director Susan E. Morano reported two equity compensation grants of common stock. She received 1,281 shares as an annual equity award of restricted stock and 3,800 shares of restricted stock granted in lieu of 50% of her yearly cash compensation. Both grants vest in full at the next annual meeting of stockholders.
The annual equity award reflects a value of $215,000 based on the closing share price on the grant date. The stock granted in place of cash has an approximate value of $72,500, tied to the non-employee director cash retainer and committee chair retainer. These are compensation-related awards, not open‑market share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,800 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,281 | $0.00 | $0.00 |
Footnotes (2)
- F1. Annual equity award in the form of restricted stock vesting in full upon the next annual meeting of stockholders. Reflects a value of $215,000 divided by the closing price of common stock on the date of grant.
- F2. Grant of restricted stock in lieu of 50% yearly cash compensation, vesting in full upon the next annual meeting of stockholders. Reflects a value of approximately $72,500 (representing 50% of the amount of the non-employee director compensation program's cash retainer having a value of $125,000 and committee chair retainer having a value of $20,000) divided by the closing price of the common stock on the date of grant.
Key Figures
Key Terms
restricted stock financial
annual equity award financial
non-employee director compensation program financial
cash retainer financial
committee chair retainer financial
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