ENOV Form 4: Ross Terry D had 325 shares withheld for tax withholding
Rhea-AI Filing Summary
Ross Terry D, Group President, P&R, of Enovis Corporation (ENOV) reported a Form 4 transaction dated 08/05/2025. The filing shows 325 common shares were withheld by the company to satisfy tax withholding in connection with the net settlement of restricted stock units, at a per-share price of $26.46. Following this withholding, the reporting person is shown as beneficially owning 35,789 shares. The form was filed by one reporting person and signed by attorney-in-fact Brian P. Hanigan on 08/07/2025.
The filing explicitly states the withheld shares do not represent a sale by the reporting person.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine RSU tax-withholding of 325 shares reported; no sale; limited investor significance indicated by the filing.
The Form 4 discloses a tax-withholding action tied to the net settlement of restricted stock units dated 08/05/2025. The report lists 325 shares withheld at $26.46 per share and a resulting beneficial ownership of 35,789 shares. Because the filing clarifies this withholding "does not represent a sale by the reporting person," the transaction is an administrative equity adjustment rather than an open-market disposition. For investors, this is a disclosure of compensation-related share withholding rather than a signal of insider selling activity.
TL;DR: Standard disclosure of RSU net-settlement tax withholding by an officer; compliance-level filing with routine details.
The document identifies the reporting person as Ross Terry D, holding the title GROUP PRESIDENT, P&R, and indicates the transaction code and explanation for withheld shares. The filing includes the signature of an attorney-in-fact on 08/07/2025. The explicit explanation that the withheld shares "do not represent a sale" aligns with routine corporate practice for satisfying tax obligations on equity awards and fulfills Section 16 reporting requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, par value $0.001 | 325 | $26.46 | $9K |
Footnotes (1)
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