[Form 4] GLAUKOS Corp Insider Trading Activity
Rhea-AI Filing Summary
GLAUKOS Corp chairman and CEO Thomas William Burns reported a routine tax-related share disposition. On March 16, 2,801 shares of common stock were withheld by the company at $98.94 per share to satisfy tax obligations tied to previously granted restricted stock units.
After this withholding, Burns directly holds 242,451 common shares and also has indirect holdings through several family-related trusts. The disclosure notes 64,610 restricted stock units that have not yet vested or been delivered, indicating additional potential future share delivery subject to vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,801 shares
Net Sell
6 txns
Insider
Burns Thomas William
Role
CHAIRMAN & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,801 | $98.94 | $277K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 242,451 shares (Direct);
Common Stock — 961,285 shares (Indirect, Through the Burns Family Trust);
Common Stock — 238,107 shares (Indirect, Through the Burns Annuity Trust);
Common Stock — 120,000 shares (Indirect, Through the Burns Charitable Remainder Trust);
Common Stock — 100,000 shares (Indirect, Through the Thomas W. Burns Irrevocable Trust);
Common Stock — 100,000 shares (Indirect, Through the Janet M. Burns Irrevocable Trust)
Footnotes (2)
- F1. Consists of shares withheld by the Issuer with respect to tax withholding obligations of the Reporting Person upon vesting and delivery of shares of common stock underlying restricted stock units previously granted by the Issuer on March 14, 2024.
- F2. Includes 64,610 restricted stock units that have not yet vested or been delivered to the Reporting Person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
