Enovis (ENOV) officer has 442 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enovis Corp principal accounting officer John Kleckner reported a small tax-related share disposition. On the reported date, 442 shares of Enovis common stock at $25.79 per share were withheld by the company to cover tax obligations tied to the net settlement of restricted stock units, which the footnote states does not represent a sale by Kleckner. After this withholding, he held 11,545 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KLECKNER JOHN
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.001 | 442 | $25.79 | $11K |
Holdings After Transaction:
Common stock, par value $0.001 — 11,545 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Enovis (ENOV) principal accounting officer John Kleckner report on this Form 4?
John Kleckner reported a tax-related share disposition involving 442 Enovis shares. The shares were withheld by the company to satisfy tax obligations from net settlement of restricted stock units, and the footnote clarifies this was not an open-market sale by Kleckner.
Does John Kleckner’s Enovis (ENOV) Form 4 reflect a stock sale by him?
No, the footnote explicitly states the transaction does not represent a sale by John Kleckner. The 442 shares were withheld by Enovis to satisfy tax withholding and remittance obligations related to restricted stock unit settlement, rather than sold in the market.
What does transaction code F mean in the Enovis (ENOV) Form 4 for John Kleckner?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 442 Enovis shares were withheld to satisfy tax withholding obligations connected to restricted stock units, rather than being sold by Kleckner on the open market.
Is the Enovis (ENOV) Form 4 for John Kleckner a buy, sell, or tax-withholding event?
The filing reflects a tax-withholding disposition, not a buy or traditional sale. 442 shares were withheld by Enovis to cover tax obligations from the net settlement of restricted stock units, as described by transaction code F and the accompanying footnote.