Edwards Lifesciences (EW) CVP sells 11,340 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Lifesciences executive Donald E. Bobo Jr., CVP, Strategy/Corporate Development, exercised employee stock options for 11,340 shares and on the same day sold 11,340 shares of common stock at a weighted average price of $85.9286, under a pre-established Rule 10b5-1 trading plan. After these transactions, he directly owned 21,266.2532 shares, with additional indirect holdings of 38,900.5862 shares through a 401(k) and 121,756 shares held by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,340 shares ($974,430)
Net Sell
5 txns
Insider
BOBO DONALD E JR
Role
CVP,Strategy/Corp Development
Sold
11,340 shs ($974K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Acquire) | 11,340 | $0.00 | -- |
| Exercise | Common Stock | 11,340 | $59.2567 | $672K |
| Sale | Common Stock | 11,340 | $85.9286 | $974K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Acquire) — 22,680 shares (Direct);
Common Stock — 32,606.253 shares (Direct);
Common Stock — 38,900.586 shares (Indirect, 401(k))
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 27, 2025. This transaction was executed in multiple trades at prices ranging from $85.665 to $86.380. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, uponrequest by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
FAQ
What insider transactions did EW executive Donald E. Bobo Jr. report on this Form 4?
Donald E. Bobo Jr. reported exercising employee stock options for 11,340 shares and selling 11,340 shares of Edwards Lifesciences common stock. Both transactions occurred on March 2, 2026, reflecting an option exercise followed by an open-market or private sale on the same day.
Was the Edwards Lifesciences (EW) insider sale by Donald E. Bobo Jr. under a 10b5-1 plan?
Yes. A footnote states the transactions were effected under a Rule 10b5-1 trading plan adopted by Donald E. Bobo Jr. on February 27, 2025. Such plans pre-schedule trades to help insiders systematically sell or acquire shares over time.
What type of derivative security did Donald E. Bobo Jr. exercise in the Edwards Lifesciences Form 4?
He exercised an employee stock option, labeled as an "Employee Stock Option (Right to Acquire)". This derivative exercise converted 11,340 option rights into an equal number of Edwards Lifesciences common shares before the same number of shares was sold.
What is Donald E. Bobo Jr.’s role at Edwards Lifesciences (EW) mentioned in the Form 4?
The filing identifies Donald E. Bobo Jr. as an officer of Edwards Lifesciences, holding the title "CVP, Strategy/Corp Development." This indicates a senior leadership position overseeing corporate strategy and corporate development activities at the company.