Edwards Lifesciences (EW) executive has shares withheld for tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Lifesciences Corp executive Daniel J. Lippis reported a small, routine share disposition tied to tax withholding. On the vesting of equity awards, the issuer withheld 377 shares of common stock at $95.18 per share to cover tax obligations under Rule 16b-3(e).
After this tax-withholding event, Lippis directly holds about 40,033.9103 shares of Edwards Lifesciences common stock. The transaction reflects compensation-related tax settlement rather than an open-market sale or a change in his investment stance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lippis Daniel J.
Role
CVP, TAVR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 377 | $95.18 | $36K |
Holdings After Transaction:
Common Stock — 40,033.91 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 377 shares
Per-share valuation for withholding: $95.18 per share
Shares held after transaction: 40,033.9103 shares
+1 more
4 metrics
Shares withheld for taxes
377 shares
Tax withholding on vesting, Form 4
Per-share valuation for withholding
$95.18 per share
Value used for 377 withheld shares
Shares held after transaction
40,033.9103 shares
Direct ownership after tax withholding
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
Rule 16b-3(e), tax withholding obligations, vesting of securities, tax-withholding disposition
4 terms
Rule 16b-3(e) regulatory
"to satisfy tax withholding obligations incident to the vesting of securities in accordance with Rule 16b-3(e)"
tax withholding obligations financial
"Represents shares withheld by the Issuer to satisfy tax withholding obligations incident to the vesting of securities"
vesting of securities financial
"obligations incident to the vesting of securities in accordance with Rule 16b-3(e)"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Edwards Lifesciences (EW) report for Daniel J. Lippis?
Edwards Lifesciences reported that executive Daniel J. Lippis had 377 common shares withheld to cover tax obligations on vesting equity. This was a compensation-related tax-withholding event, not an open-market purchase or sale of Edwards Lifesciences stock.
Was Daniel J. Lippis’s Edwards Lifesciences (EW) transaction an open-market sale?
No. The filing states the 377 shares were withheld by Edwards Lifesciences to satisfy tax withholding obligations on vesting awards. This is categorized as a tax-withholding disposition, not an open-market sale initiated by Daniel J. Lippis.