CONMED (CNMD) CIO settles 375 RSUs; 257 shares held direct
Rhea-AI Filing Summary
CONMED Corporation’s Chief Information Officer, Richard Glaze, reported the settlement of restricted stock units in a Form 4 filing. On 11/20/2025, 375 RSUs were converted into shares of common stock at an exercise price of $0 per share, increasing his directly held common stock to 375 shares.
To cover taxes due on this vesting, 118 shares of common stock were disposed of at $40.63 per share, leaving 257 shares of common stock held directly after the withholding. Following the transaction, 750 RSUs remain outstanding, each representing a contingent right to receive one share of CONMED common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs (Restricted Stock Units) | 375 | $0.00 | $0.00 |
| Exercise | Common Stock | 375 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 118 | $40.63 | $5K |
Footnotes (1)
- F1. Represents the settlement of vested restricted stock units (RSUs) with the delivery of shares of common stock, subject to withholding for taxes. Each RSU represents a contingent right to receive one share of common stock, par value $0.01 per share of ConMed Corporation.
FAQ
What insider transaction did CONMED (CNMD) report in this Form 4?
CONMED (CNMD) reported that its Chief Information Officer, Richard Glaze, settled 375 restricted stock units (RSUs), which were converted into shares of common stock.
How many RSUs remain outstanding for the CONMED (CNMD) officer after the Form 4 event?
Following the settlement, the officer holds 750 RSUs, each representing a contingent right to receive one share of CONMED common stock.
What role does the reporting person hold at CONMED (CNMD)?
The reporting person, Richard Glaze, serves as CONMED’s Chief Information Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.