[Form 4] HAEMONETICS CORP Insider Trading Activity
Rhea-AI Filing Summary
Haemonetics EVP and COO Frank Chan received an equity award and had shares withheld for taxes. On May 15, 2026, he was granted 27,535 restricted stock units (RSUs) under the company’s long-term incentive plan. Each RSU represents a right to receive one share of common stock when it vests.
The RSUs vest over three years, with 40% vesting on the first anniversary of the grant date, another 40% on the second anniversary, and the remaining 20% on the third anniversary. On the same date, 546 shares were disposed of at $56.29 per share to satisfy tax obligations related to vesting of previously granted RSUs, rather than through an open-market sale.
After these transactions, Chan directly owned 32,936 shares of Haemonetics common stock. This figure includes unvested RSUs and shares acquired through the Haemonetics Corporation 2007 Employee Stock Purchase Plan, including 139 shares bought on October 31, 2025 and 119 shares bought on April 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 546 | $56.29 | $31K |
| Grant/Award | Common Stock | 27,535 | $0.00 | -- |
Footnotes (1)
- Represents shares withheld for tax obligations in connection with the vesting of certain restricted stock units ("RSUs") previously reported in Table I. This number includes unvested RSUs previously reported, 139 shares acquired by the reporting person on October 31, 2025 under the Haemonetics Corporation 2007 Employee Stock Purchase Plan (as amended and/or restated from time to time, the "ESPP") and 119 shares acquired by the reporting person on April 30, 2026 under the ESPP. The securities awarded are in the form of RSUs issued pursuant to the Haemonetics Corporation Amended and Restated 2019 Long-Term Incentive Compensation Plan. The RSUs vest in three annual installments with forty percent of the total award vesting on the first anniversary of the date of grant, forty percent vesting on the second anniversary of the date of grant and the remaining twenty percent vesting on the third anniversary of the date of grant. Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock when vested.