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Edwards Lifesciences: Zovighian proposes $4.76M sale

The notice assigns a $4,759,559 aggregate market value to the shares and says the options may be sold over various dates.

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Form Type
144

Rhea-AI Filing Summary

Edwards Lifesciences Corp (EW) lists a notice by Bernard J. Zovighian, an officer and director, covering a proposed sale of 46,200 common shares with an aggregate market value of $4,759,559. The shares were acquired on November 9, 2026 through an employee stock option exercise, with broker payment for a cashless exercise. The notice gives November 9, 2026 as the approximate sale date and says the options may be sold over various dates. It lists July 28, 2026 as the plan adoption or instruction date for reliance on Rule 10b5-1.

Shares covered by proposed sale notice 46,200 common shares Proposed sale
Aggregate market value $4,759,559 Shares covered by proposed sale notice
Shares outstanding 575,000,000 shares Share count listed in the notice
Approximate sale date November 9, 2026 The remarks say the options may be sold over various dates
Rule 10b5-1 plan adoption or instruction date July 28, 2026 Date listed for reliance on Rule 10b5-1
Rule 10b5-1 regulatory
"Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Employee Stock Option Exercise technical
"Employee Stock Option Exercise - See Remarks"
Cashless Exercise technical
"Broker Payment for Cashless Exercise"
A cashless exercise is a way for an option holder to convert stock options into actual shares without paying the purchase price in cash; instead they immediately give up a portion of the newly issued shares to cover the cost and any withholding taxes. Investors care because this process increases the number of shares available and can slightly dilute existing holdings, while also signaling how insiders or employees are realizing compensation without needing cash — similar to paying for a purchase by handing over part of what you just bought.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many EW shares does Bernard J. Zovighian plan to sell?

The notice covers a proposed sale of 46,200 common shares, with an aggregate market value of $4,759,559.

When does the EW sale take place, and is it under a Rule 10b5-1 plan?

The notice gives November 9, 2026 as the approximate sale date and says the options may be sold over various dates. It lists July 28, 2026 as the plan adoption or instruction date for reliance on Rule 10b5-1.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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