Glaukos (GKOS) CEO Burns reports 5,212-share tax withholding and large trust holdings
Rhea-AI Filing Summary
Glaukos Corp Chairman and CEO Thomas William Burns reported a routine tax-withholding transaction related to equity compensation. On March 13, 2026, 5,212 shares of common stock were withheld by the company at $97.02 per share to satisfy his tax obligations upon vesting and delivery of previously granted restricted stock units.
After this withholding, Burns directly owns 245,252 common shares. He also has indirect ownership through several trusts, including 961,285 shares held through the Burns Family Trust, 238,107 shares through the Burns Annuity Trust, 120,000 shares through the Burns Charitable Remainder Trust, 100,000 shares through the Thomas W. Burns Irrevocable Trust, and 100,000 shares through the Janet M. Burns Irrevocable Trust. Footnotes state that his position also includes 69,929 restricted stock units that have not yet vested or been delivered.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,212 | $97.02 | $506K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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 13, 2025. Includes 69,929 restricted stock units that have not yet vested or been delivered to the Reporting Person.
