Hologic (NASDAQ: HOLX) director receives 3,190 stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McMillan Wayde D. reported acquisition or exercise transactions in this Form 4 filing.
Hologic, Inc. director Wayde D. McMillan reported receiving an equity award of 3,190 restricted stock units of common stock. The award was granted at no cash cost per share and will vest on the date of Hologic’s 2027 Annual Meeting of Stockholders.
Each restricted stock unit will be settled in one share of Hologic common stock upon vesting. Following this grant, McMillan’s directly held common stock position increased to 4,932 shares, reflecting his equity-based alignment with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McMillan Wayde D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,190 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,932 shares (Direct)
Footnotes (1)
- Represents restricted stock units which vest on the date of the 2027 Annual Meeting of Stockholders and are settled in shares of common stock. Restricted stock units are settled in shares of common stock on a one-for-one basis.
FAQ
What insider transaction did Hologic (HOLX) disclose for Wayde D. McMillan?
Hologic reported that director Wayde D. McMillan received a grant of 3,190 restricted stock units of common stock. These units were awarded at no cash price and represent additional equity compensation, increasing his directly held common share position after the grant.
What type of securities were granted to the Hologic (HOLX) director in this filing?
The director received restricted stock units tied to Hologic common stock. Each restricted stock unit will be settled in one share of common stock, providing equity-based compensation that aligns the director’s interests with long-term shareholder value as the units vest and convert to shares.
When do Wayde D. McMillan’s Hologic (HOLX) restricted stock units vest?
The restricted stock units vest on the date of Hologic’s 2027 Annual Meeting of Stockholders. On that vesting date, the units are scheduled to be settled in shares of common stock, assuming applicable conditions are met for the award’s vesting and settlement.
What does the zero transaction price mean in the Hologic (HOLX) Form 4 award?
The zero transaction price indicates the director did not pay cash for the 3,190 restricted stock units. This reflects a grant or award of equity compensation, rather than an open-market purchase of shares, consistent with the Form 4 code for a grant or award acquisition.