EW Form 4: Daveen Chopra Receives 3,205 Restricted Stock Units
Rhea-AI Filing Summary
Daveen Chopra, an officer (CVP, TMTT & Surgical) of Edwards Lifesciences Corporation (EW), received 3,205 restricted stock units (RSUs) on 09/11/2025 under the companys Long-Term Stock Incentive Compensation Program at an effective price of $0.0000. The RSUs are scheduled to vest in four equal annual installments beginning one year after the grant date. After this reported grant, the filing shows 34,201 shares beneficially owned by the reporting person. The Form 4 was signed by an attorney-in-fact and filed on 09/15/2025. The form notes it reflects changes in beneficial ownership only.
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Insights
TL;DR: Routine equity grant for retention; aligns executive incentives with shareholders without immediate dilution or cash expense.
The reported transaction is a standard long-term equity award: 3,205 RSUs granted under the issuers LTIP with vesting in four equal annual installments starting one year after grant. Such awards are typically used to retain senior personnel and align their interests with long-term shareholder value. The grant price is reported as $0.0000, consistent with restricted unit grants rather than an open-market purchase. This Form 4 discloses only the change in beneficial ownership and does not provide compensation valuation, expense recognition, or total outstanding dilution metrics.
TL;DR: Non-material insider grant disclosed; limited immediate market impact and no cash transaction recorded in the filing.
The filing documents an award of 3,205 RSUs to an officer, increasing reported beneficial ownership to 34,201 shares. Because RSUs vest over four years and no sale or purchase price is reported, the transaction does not represent an immediate cash flow or market sale. The Form 4 is informational for ownership tracking but lacks details on total outstanding share count or potential dilution, limiting assessment of material impact on EPS or ownership percentages.