Enovis executive reports tax share withholding
Rhea-AI Filing Summary
Enovis Corp executive reports tax-related share withholding. Group President, P&R Terry D. Ross had 418 shares of Enovis common stock withheld at $25.47 per share to cover tax obligations from restricted stock units. This administrative transaction, described as not representing a sale, leaves Ross holding 35,371 shares directly.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU settlement, not an open-market sale.
The transaction involves 418 Enovis common shares withheld at $25.47 per share to satisfy tax obligations on restricted stock units. The filing explicitly notes this does not represent a sale by Group President, P&R Terry D. Ross.
Such withholdings are a standard mechanism when equity awards vest, allowing taxes to be covered without separate cash payments. After this event, Ross directly holds 35,371 shares, indicating continued equity exposure, while no open-market buying or selling is reported here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 418 | $25.47 | $11K |
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 Terry D. Ross?
What does transaction code “F” mean in the Enovis (ENOV) Form 4 for Terry D. Ross?
AI-generated analysis. How Rhea-AI works. Not financial advice.