Enovis SVP has 1,173 shares withheld for taxes
Rhea-AI Filing Summary
Enovis CORP senior vice president and chief HR officer Patricia A. Lang reported a tax-related share disposition through net settlement of restricted stock units. The company withheld 1,173 shares of common stock at $25.79 per share to cover tax withholding and remittance obligations, and the filing states this does not represent a sale by Lang. After this withholding, she directly holds 53,086 shares of Enovis common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,173 shares
Net Sell
1 txn
Insider
Lang Patricia A
Role
SVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 1,173 | $25.79 | $30K |
Holdings After Transaction:
Common stock, par value $0.001 — 53,086 shares (Direct)
Footnotes (1)
- F1. Represents shares that have been withheld by the Company to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the reporting person.
FAQ
What insider transaction did Enovis (ENOV) report for Patricia A. Lang?
Enovis reported that SVP and Chief HR Officer Patricia A. Lang had 1,173 common shares withheld to satisfy tax obligations from restricted stock units. This was a net settlement for taxes, and the filing clarifies it does not represent an open-market sale by Lang.
Was the Enovis (ENOV) insider transaction a stock sale by Patricia A. Lang?
No, the transaction was not a traditional stock sale. The company withheld 1,173 shares to cover tax withholding and remittance obligations tied to restricted stock units, and the disclosure explicitly states this withholding does not represent a sale by the reporting person.
What does the Form 4 code F mean in the Enovis (ENOV) insider filing?
Code F on the Form 4 indicates shares were used to pay an exercise price or tax liability. In this case, 1,173 Enovis shares were withheld by the company to satisfy tax withholding on restricted stock units, rather than being sold by Patricia A. Lang in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.