Integra Lifesciences (IART) CLO granted 70,305 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hutchinson Michael Damon reported acquisition or exercise transactions in this Form 4 filing.
INTEGRA LIFESCIENCES HOLDINGS CORP executive Michael Damon Hutchinson, EVP and Chief Legal Officer, received a grant of 70,305 restricted stock units tied to common stock. This award will vest 33% on the first and second anniversaries and 34% on the third anniversary of the March 11, 2026 grant date, increasing his directly held RSU position to 159,911 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hutchinson Michael Damon
Role
EVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 70,305 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 159,911 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did IART report for Michael Damon Hutchinson?
INTEGRA LIFESCIENCES reported that EVP and Chief Legal Officer Michael Damon Hutchinson received 70,305 restricted stock units. These RSUs are tied to common stock and represent equity-based compensation, not an open-market stock purchase or sale by the executive.
How many Integra Lifesciences (IART) RSUs were granted in this Form 4?
The Form 4 shows a grant of 70,305 restricted stock units to executive Michael Damon Hutchinson. Each unit represents the right to receive one share of common stock, subject to vesting conditions over a three-year schedule from the March 11, 2026 grant date.
What is the vesting schedule for the 70,305 IART restricted stock units?
The 70,305 restricted stock units vest over three years. According to the disclosure, 33% vest on the first anniversary, 33% on the second anniversary, and 34% on the third anniversary of the March 11, 2026 grant date, assuming continued service.
What are Michael Damon Hutchinson’s RSU holdings in Integra Lifesciences after this grant?
After this award, Michael Damon Hutchinson holds 159,911 restricted stock units directly. This total includes the newly granted 70,305 units and reflects his derivative equity position in the company, which may convert into common shares as the units vest over time.
Does the IART Form 4 indicate any stock sales or purchases by the executive?
The Form 4 reports only an acquisition of restricted stock units as a grant or award. There are no open-market stock purchases or sales disclosed in this filing, and the transaction code "A" identifies it as a compensatory equity award rather than a trade.