[Form 4] Edwards Lifesciences Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Lifesciences CEO Bernard J. Zovighian reported routine share dispositions mainly related to gifts and tax withholding. On May 5, 2026, he made two bona fide gifts of common stock, transferring 523 shares from a trust and 523 shares from his direct holdings, both at a stated price of $0.00 per share, reflecting that no consideration was received. Earlier, on May 3, 2026, 515 shares were disposed of at $83.98 per share to satisfy tax obligations, a tax-withholding disposition rather than an open-market sale. Following these transactions, he continues to hold 80,257.6499 direct shares, 12,039.5511 shares indirectly through a trust, and 3,733.5603 shares indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,046 shares gifted
Mixed
4 txns
Insider
Zovighian Bernard J
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 523 | $0.00 | -- |
| Gift | Common Stock | 523 | $0.00 | -- |
| Tax Withholding | Common Stock | 515 | $83.98 | $43K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 80,257.65 shares (Direct, null);
Common Stock — 12,039.551 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares from trust: 523 shares
Gifted shares from direct holding: 523 shares
Tax-withholding shares: 515 shares at $83.98
+3 more
6 metrics
Gifted shares from trust
523 shares
Bona fide gift on May 5, 2026 from indirect trust holding
Gifted shares from direct holding
523 shares
Bona fide gift on May 5, 2026 from direct ownership
Tax-withholding shares
515 shares at $83.98
Disposition on May 3, 2026 to cover tax obligations
Direct shares after transactions
80,257.6499 shares
Direct common stock holdings following reported transactions
Trust shares after transactions
12,039.5511 shares
Indirect common stock holdings through a trust after gifts
401(k) plan shares
3,733.5603 shares
Indirect holdings represented on most recent 401(k) statement
Key Terms
bona fide gift, tax-withholding disposition, 401(k), indirect
4 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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.
401(k) financial
"nature_of_ownership": "401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
indirect financial
"ownership_type": "indirect""