Enovis (ENOV) CFO awarded 47,974 RSUs as 3,167 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enovis CORP senior vice president and CFO Phillip Benjamin (Ben) Berry received an equity grant of 47,974 shares of common stock through restricted stock units. These RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, aligning his compensation with long-term company performance.
In a separate transaction, 3,167 shares were withheld by the company at a price of $24.51 per share to cover tax obligations tied to the net settlement of restricted stock units, which the company states does not represent a sale by Berry. Following these transactions, he holds 158,596 shares of Enovis common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BERRY PHILLIP BENJAMIN (BEN)
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.001 | 47,974 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 3,167 | $24.51 | $78K |
Holdings After Transaction:
Common stock, par value $0.001 — 158,596 shares (Direct)
Footnotes (1)
- 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. This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did Enovis (ENOV) report for CFO Phillip Benjamin Berry?
Enovis reported two transactions for CFO Phillip Benjamin (Ben) Berry. He received a grant of 47,974 restricted stock units and had 3,167 shares withheld by the company to cover tax obligations related to restricted stock unit settlement, with no open-market sale involved.
How do the Enovis (ENOV) CFO’s new restricted stock units vest over time?
The CFO’s restricted stock unit award at Enovis vests in three equal annual installments. Vesting begins on the first anniversary of the grant date, then continues annually, meaning the full 47,974-share award will be delivered in three time-based tranches over three years.
What was the tax withholding transaction price in the Enovis (ENOV) Form 4?
The tax withholding transaction used a price of $24.51 per Enovis share. At that price, 3,167 shares were withheld by the company to cover tax obligations associated with the net settlement of the CFO’s restricted stock units, according to the Form 4 disclosure and footnote.