Edwards Lifesciences (NYSE: EW) awards RSUs and options to CVP Daveen Chopra
Rhea-AI Filing Summary
Edwards Lifesciences executive Daveen Chopra, CVP TMTT & Surgical, reported routine equity compensation and related tax withholding transactions in company stock. On May 7, 2026, he received 9,675 restricted stock units and 9,675 performance-based rights, plus 49,100 stock options with an $82.76 exercise price, all granted under the Long-Term Stock Incentive Compensation Program.
The restricted stock units and options are scheduled to vest in four equal annual installments starting one year after the grant date, while the performance rights are scheduled to vest on May 7, 2029 based on three-year performance goals, with 0%–200% of the target potentially vesting. On May 7–8, 2026, a total of 1,815 shares of common stock were disposed of solely to cover tax obligations, not as open-market sales. After these transactions, Chopra directly holds 39,779 shares of common stock.
Positive
- None.
Negative
- None.
Insights
Routine equity grants and tax withholding with no open-market insider buying or selling.
Daveen Chopra received time-based restricted stock units, performance-based stock units, and stock options under the Edwards Lifesciences Long-Term Stock Incentive Compensation Program. The options have an $82.76 exercise price and the awards vest over several years, aligning compensation with long-term performance.
Two transactions on May 7–8, 2026 involved a combined 1,815 shares withheld at prices around $83 per share to satisfy tax liabilities. These are coded as tax-withholding dispositions rather than discretionary sales, so they do not represent open-market trading decisions.
Following the reported activity, Chopra directly holds 39,779 common shares, plus unvested awards including performance rights that can vest from 0% to 200% of target by May 7, 2029, depending on achievement of specified performance goals. The events appear consistent with standard executive compensation practices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,141 | $82.76 | $94K |
| Grant/Award | Employee Stock Option (Right to Acquire) | 49,100 | $0.00 | -- |
| Grant/Award | Performance Rights | 9,675 | $0.00 | -- |
| Grant/Award | Common Stock | 9,675 | $0.00 | -- |
| Tax Withholding | Common Stock | 674 | $83.20 | $56K |
Footnotes (1)
- These restricted stock units were granted on May 7, 2026 under the Edwards Lifesciences Corporation Long-Term Stock Incentive Compensation Program and are scheduled to become vested and exercisable commencing one year after the grant date in four equal annual installments. These options were granted on May 7, 2026 under the Edwards Lifesciences Corporation Long-Term Stock Incentive Compensation Program and are scheduled to become vested and exercisable commencing one year after the grant date in four equal annual installments. Reflects the target number of shares (the Target Award) covered by restricted stock units granted on May 7, 2026 under the Edwards Lifesciences Corporation Long-Term Stock Incentive Compensation Program and are scheduled to vest on May 7, 2029. The number of restricted stock units that vest will depend upon achievement of certain performance goals over a three-year performance period and will range from 0% to 200% of the Target Awards.