Integra LifeSciences (IART) director awarded 17,700 deferred RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHADE CHRISTIAN S reported acquisition or exercise transactions in this Form 4 filing.
INTEGRA LIFESCIENCES HOLDINGS CORP director Christian S. Schade received a grant of 17,700 restricted stock units (RSUs) tied to the company’s common stock. The award was made at no cash cost under Integra’s Fifth Amended and Restated 2003 Equity Incentive Plan.
The RSUs vest in full on the one-year anniversary of the grant date of May 7, 2026. Schade elected to defer delivery of the underlying shares until a lump-sum payment is made in the calendar year after his service on the Board ends, or a later year he elected. Following this grant, he holds 17,700 RSUs directly from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHADE CHRISTIAN S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 17,700 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 17,700 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units (RSUs) pursuant to the Integra LifeSciences Holdings Corporation (IART) Fifth Amended and Restated 2003 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of IART common stock. RSUs vest in full on the one-year anniversary of the grant date of May 7, 2026. The reporting person elected to defer receipt of the shares underlying the RSUs. In accordance with his deferral election, vested shares will be delivered to the reporting person in one lump sum, in the calendar year next following the calendar year in which the reporting person's termination of service on the Board of Directors occurs (unless the reporting person elected a later calendar year).
Key Figures
RSUs granted: 17,700 units
Transaction price per RSU: $0.0000 per unit
Underlying common shares: 17,700 shares
+2 more
5 metrics
RSUs granted
17,700 units
Restricted stock units awarded to director on May 7, 2026 vesting schedule
Transaction price per RSU
$0.0000 per unit
Indicates compensation grant, not open-market purchase
Underlying common shares
17,700 shares
Each RSU represents one share of IART common stock
RSUs after transaction
17,700 units
Total restricted stock units held from this award following grant
Vesting date
May 7, 2026
RSUs vest in full on one-year anniversary of grant date
Key Terms
Restricted Stock Units, Equity Incentive Plan, deferral election, vest, +1 more
5 terms
Restricted Stock Units financial
"Grant of restricted stock units (RSUs) pursuant to the Integra LifeSciences Holdings Corporation"
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.
Equity Incentive Plan financial
"pursuant to the Integra LifeSciences Holdings Corporation (IART) Fifth Amended and Restated 2003 Equity Incentive Plan, as amended"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
deferral election financial
"The reporting person elected to defer receipt of the shares underlying the RSUs."
vest financial
"RSUs vest in full on the one-year anniversary of the grant date of May 7, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
termination of service financial
"in the calendar year next following the calendar year in which the reporting person's termination of service on the Board of Directors occurs"
FAQ
What did INTEGRA LIFESCIENCES (IART) disclose about Christian S. Schade in this Form 4?
INTEGRA LIFESCIENCES reported that director Christian S. Schade received 17,700 restricted stock units. The RSUs were granted under the company’s equity incentive plan and give him a contingent right to receive the same number of IART common shares upon settlement.
How many restricted stock units did Christian S. Schade receive from INTEGRA LIFESCIENCES (IART)?
Christian S. Schade received 17,700 restricted stock units. Each RSU represents a contingent right to receive one share of IART common stock, so the award corresponds to 17,700 underlying common shares if and when the units settle in stock.
When do Christian S. Schade’s IART restricted stock units vest and become earned?
The 17,700 restricted stock units vest in full on the one-year anniversary of the grant date of May 7, 2026. Vesting means the award becomes earned, subject to the other terms and conditions of INTEGRA LIFESCIENCES’ equity incentive plan.
Under which plan were the new IART restricted stock units for Christian S. Schade granted?
The RSUs were granted under the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive Plan, as amended. This plan governs the terms of equity awards, including how and when restricted stock units vest and settle into common shares.
Did Christian S. Schade pay cash for the 17,700 IART restricted stock units?
No cash price was reported for the 17,700 restricted stock units; the transaction price per unit is shown as 0.0000. This indicates a compensation-related equity grant rather than an open-market purchase of INTEGRA LIFESCIENCES common stock.