Director Mark Kaye converts 152 RSUs at CONMED (NYSE: CNMD) into stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONMED Corp director Mark Kaye reported acquiring 152 shares of common stock through the exercise and conversion of 152 RSUs on February 24, 2026. Each RSU represents a right to receive one share of common stock under the company’s 2020 Amended and Restated Non-Employee Director Equity Compensation Plan.
The RSUs generally vest 100% after one year, with vesting accelerated immediately if the director’s service terminates. After this transaction, Kaye directly holds 152 shares of CONMED common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
152 shares exercised/converted
Mixed
2 txns
Insider
Kaye Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | RSUs (Restricted Stock Units) | 152 | $0.00 | -- |
| Exercise | Common Stock | 152 | $0.00 | -- |
Holdings After Transaction:
RSUs (Restricted Stock Units) — 0 shares (Direct);
Common Stock — 152 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did CONMED Corp (CNMD) director Mark Kaye report in this Form 4?
Director Mark Kaye reported acquiring 152 shares of CONMED common stock on February 24, 2026, through the exercise and conversion of 152 restricted stock units (RSUs) granted under the company’s non-employee director equity compensation plan.
How many CONMED (CNMD) RSUs did Mark Kaye convert to common stock?
Mark Kaye converted 152 RSUs into 152 shares of CONMED common stock. Each RSU represents a contingent right to receive one common share, subject to the terms and conditions of CONMED’s 2020 Amended and Restated Non-Employee Director Equity Compensation Plan.
What are the vesting terms of the CONMED (CNMD) RSUs reported by Mark Kaye?
The reported RSUs generally vest 100% after a one-year period. According to the plan terms, the RSUs also vest immediately upon termination of the director’s service, making them fully deliverable as common stock if the director leaves the board.
What equity plan governs the RSUs held by CONMED (CNMD) director Mark Kaye?
The RSUs are issued under CONMED’s 2020 Amended and Restated Non-Employee Director Equity Compensation Plan. This plan sets the terms for non-employee director equity awards, including RSU vesting schedules and the conversion of RSUs into shares of common stock.
Was the CONMED (CNMD) Form 4 a market buy or sell by Mark Kaye?
No, the Form 4 reflects a derivative exercise/conversion, not an open market buy or sell. Code M indicates the exercise of RSUs into common stock, with no reported market purchase or sale transaction in this filing.