Haemonetics (NYSE: HAE) VP settles RSU taxes with 259 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Haemonetics Corp executive Maryanne Maunsell Farris, the VP and Chief Accounting Officer, reported an automatic share disposition tied to equity compensation. On the RSU vesting date, 259 shares of common stock were withheld at $71.28 per share to cover tax obligations, rather than sold on the open market. After this tax-withholding event, she beneficially owns 6,242 common shares, a figure that includes previously reported unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maunsell Farris Maryanne
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 259 | $71.28 | $18K |
Holdings After Transaction:
Common Stock — 6,242 shares (Direct, null)
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.
Key Figures
Shares withheld for taxes: 259 shares
Withholding price per share: $71.28 per share
Shares owned after transaction: 6,242 shares
+1 more
4 metrics
Shares withheld for taxes
259 shares
Tax-withholding disposition on June 5, 2026 for RSU vesting
Withholding price per share
$71.28 per share
Value used for 259-share tax withholding
Shares owned after transaction
6,242 shares
Direct beneficial ownership after tax withholding, includes unvested RSUs
Tax-withholding share count
259 shares
Reported as taxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax obligations, tax-withholding disposition, beneficially owns
4 terms
restricted stock units financial
"Represents shares withheld for tax obligations in connection with the vesting of certain restricted stock units ("RSUs")"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"Represents shares withheld for tax obligations in connection with the vesting of certain restricted stock units"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition"
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.
beneficially owns financial
"This number includes unvested RSUs previously reported."
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
What insider transaction did Haemonetics (HAE) report for Maryanne Maunsell Farris?
Haemonetics reported that VP and Chief Accounting Officer Maryanne Maunsell Farris had 259 common shares withheld to cover taxes upon RSU vesting. This was a tax-withholding disposition, not an open-market sale, and reflects standard treatment of share-based compensation.
Does the Haemonetics (HAE) Form 4 show an open-market sale by the VP CAO?
No, the Form 4 shows a tax-withholding disposition coded “F,” not an open-market sale. Shares were withheld by the company to pay taxes on vested restricted stock units, which is a routine equity compensation mechanism rather than a discretionary trade.
What does transaction code “F” mean in the Haemonetics (HAE) Form 4?
Transaction code “F” indicates shares were withheld to pay the exercise price or tax liability on equity awards. In this case, 259 shares were withheld for tax obligations related to RSU vesting, so the event reflects tax settlement rather than a voluntary market sale.