Edwards Lifesciences (EW) CVP Lippis sells 2,038 shares after option exercises
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Edwards Lifesciences Corp CVP, TAVR Daniel J. Lippis reported option exercises, tax withholding, and open-market sales of company stock. On May 1, 2026, he exercised employee stock options for 1,019 shares at $59.2567 per share and sold 1,000 shares at $82.9889 plus 19 shares at $83.9880. On May 4, 2026, he exercised options for another 1,019 shares at $59.2567 and sold 1,019 shares at $83.98. A separate 252-share disposition on May 3, 2026 covered tax obligations. After these transactions, he directly held about 33,681.9103 shares of Edwards Lifesciences common stock. The filing notes all reported trades were effected under a pre-arranged Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,038 shares ($170,160)
Net Sell
8 txns
Insider
Lippis Daniel J.
Role
CVP, TAVR
Sold
2,038 shs ($170K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Acquire) | 1,019 | $0.00 | -- |
| Exercise | Common Stock | 1,019 | $59.2567 | $60K |
| Sale | Common Stock | 1,019 | $83.98 | $86K |
| Tax Withholding | Common Stock | 252 | $83.98 | $21K |
| Exercise | Employee Stock Option (Right to Acquire) | 1,019 | $0.00 | -- |
| Exercise | Common Stock | 1,019 | $59.2567 | $60K |
| Sale | Common Stock | 19 | $83.988 | $2K |
| Sale | Common Stock | 1,000 | $82.9889 | $83K |
Holdings After Transaction:
Employee Stock Option (Right to Acquire) — 0 shares (Direct, null);
Common Stock — 34,700.91 shares (Direct, null)
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 July 30, 2025. This transaction was executed in multiple trades at prices ranging from $83.980 to $84.095. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request 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. This transaction was executed in multiple trades at prices ranging from $82.540 to $83.490. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request 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.
Key Figures
Shares sold: 2,038 shares
Option exercise price: $59.2567 per share
Sale price May 1 (block): $82.9889 per share
+4 more
7 metrics
Shares sold
2,038 shares
Net open-market sales in May 2026
Option exercise price
$59.2567 per share
Employee stock options exercised May 1 and May 4, 2026
Sale price May 1 (block)
$82.9889 per share
Sale of 1,000 shares on May 1, 2026
Sale price May 1 (additional)
$83.9880 per share
Sale of 19 shares on May 1, 2026
Sale price May 4
$83.98 per share
Sale of 1,019 shares on May 4, 2026
Post-transaction holdings
33,681.9103 shares
Direct common stock held after May 4, 2026 transactions
Tax-withholding shares
252 shares
Tax-withholding disposition on May 3, 2026
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option (Right to Acquire), tax-withholding disposition, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Option (Right to Acquire) financial
"security_title: "Employee Stock Option (Right to Acquire)" with underlying common stock shares"
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 252-share F-code transaction"
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.
open-market sale financial
"transaction_action: "open-market sale" for S-code common stock transactions"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for M-code option exercises"
FAQ
What insider transactions did Edwards Lifesciences (EW) report for Daniel J. Lippis?
Edwards Lifesciences reported that Daniel J. Lippis exercised stock options for 2,038 shares and sold 2,038 shares of common stock in open-market transactions, along with a 252-share tax-withholding disposition, across several dates in May 2026.
What stock options did Daniel J. Lippis exercise in Edwards Lifesciences (EW)?
He exercised employee stock options covering 1,019 shares on May 1, 2026 and another 1,019 shares on May 4, 2026, each with a conversion or exercise price of $59.2567 per share, converting these options into Edwards Lifesciences common stock.
Were Daniel J. Lippis’s Edwards Lifesciences (EW) trades under a Rule 10b5-1 plan?
Yes. A footnote states the transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Daniel J. Lippis, indicating the trades were pre-arranged under that plan rather than timed discretionarily.