Enovis exec reports tax-withheld 889 shares
Rhea-AI Filing Summary
Enovis CORP executive Louis Vogt reported a small tax-related share disposition. On this Form 4, the company withheld 889 shares of common stock at $25.47 per share to cover tax obligations tied to restricted stock units. This withholding is not an open-market sale, and Vogt continues to hold 35,496 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 889 shares
Net Sell
1 txn
Insider
VOGT LOUIS
Role
GROUP PRESIDENT, RECON
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 889 | $25.47 | $23K |
Holdings After Transaction:
Common stock, par value $0.001 — 35,496 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 Louis Vogt?
Enovis reported that executive Louis Vogt had 889 common shares withheld to cover tax obligations linked to restricted stock units. The shares were valued at $25.47 each and did not involve an open-market sale of stock.
Was the Enovis (ENOV) Louis Vogt Form 4 a stock sale?
No, the filing states the 889 shares were withheld by Enovis to satisfy tax withholding and remittance obligations. The footnote clarifies this transaction does not represent a sale by Louis Vogt on the open market.
What does transaction code F mean in the Enovis (ENOV) Louis Vogt Form 4?
Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, Enovis withheld 889 shares from Louis Vogt to satisfy tax obligations arising from restricted stock units, rather than him selling shares on the market.
Is the Enovis (ENOV) Louis Vogt Form 4 transaction considered a routine event?
Yes, the transaction reflects routine tax withholding on equity compensation. The company retained 889 shares to meet tax remittance requirements, and the footnote emphasizes it is not a discretionary sale by Louis Vogt.
AI-generated analysis. How Rhea-AI works. Not financial advice.