ICON PLC (ICLR) director logs RSU vesting, new grant and tax sell-to-cover trades
Rhea-AI Filing Summary
ICON plc director Anne Clem Whitaker reported equity compensation activity around vesting of restricted share units. On August 10, 2026, 1,732 restricted share units vested and were converted into the same number of ordinary shares, with a nominal conversion price of EUR 0.06 per share deducted from pay. She also received a new grant of 1,324 restricted share units scheduled to vest on May 22, 2027. On August 11, 2026, 841 ordinary shares were sold in multiple trades at weighted-average prices around $162.72–$165.51 solely to cover tax withholding obligations under a "sell to cover" arrangement, which the filing states did not represent a discretionary transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Whitaker Anne Clem
Role
Director
Sold
841 shs ($138K)
Approx. gross sale proceeds
$138K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F3, F4 | 88 | $162.72 | $14K |
| Sale | Ordinary Shares F3, F5 | 96 | $163.77 | $16K |
| Sale | Ordinary Shares F3, F6 | 590 | $164.47 | $97K |
| Sale | Ordinary Shares F3, F7 | 67 | $165.51 | $11K |
| Exercise | Restricted Share Units F2, F1 | 1,732 | $0.00 | $0.00 |
| Grant/Award | Restricted Share Units F2, F8 | 1,324 | $0.00 | $0.00 |
| Exercise | Ordinary Shares F1, F2 | 1,732 | -- | -- |
Holdings After Transaction:
Restricted Share Units — 1,324 shares (Direct);
Ordinary Shares — 891 shares (Direct)
Footnotes (8)
- F1. These restricted share units were granted on May 22, 2025 and vested on August 10, 2026.
- F2. Each restricted share unit represents a contingent right to receive one ordinary share of the Issuer upon vesting, with a nominal conversion price equal to the par value of the ordinary shares (EUR 0.06) per underlying share automatically deducted from the reporting person's pay in connection with vesting.
- F3. The sale reported represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted share units. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple aggregated transactions at prices within the range of $162.08 to $163.0799, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple aggregated transactions at prices within the range of $163.15 to $164.1499, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple aggregated transactions at prices within the range of $164.16 to $165.1599, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple aggregated transactions at prices within the range of $165.16 to $166.1599, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
- F8. These restricted share units were granted on August 10, 2026 and are scheduled to vest on May 22, 2027.
Key Figures
Shares sold to cover taxes: 841 shares
Weighted-average sale price block 1: $162.08 to $163.0799
Weighted-average sale price block 2: $163.15 to $164.1499
+5 more
8 metrics
Shares sold to cover taxes
841 shares
Ordinary shares sold on August 11, 2026 to cover tax withholding obligations
Weighted-average sale price block 1
$162.08 to $163.0799
Price range for one aggregated sale tranche referenced in a footnote
Weighted-average sale price block 2
$163.15 to $164.1499
Price range for another aggregated sale tranche on August 11, 2026
Weighted-average sale price block 3
$164.16 to $165.1599
Price range for third aggregated sale tranche on August 11, 2026
Weighted-average sale price block 4
$165.16 to $166.1599
Price range for fourth aggregated sale tranche on August 11, 2026
RSUs vested and converted
1,732 RSUs
Restricted share units granted May 22, 2025 that vested on August 10, 2026
New RSU grant
1,324 RSUs
Restricted share units granted August 10, 2026 scheduled to vest May 22, 2027
Nominal conversion price
EUR 0.06 per share
Par value deducted from pay per underlying share on RSU vesting
Key Terms
restricted share units, sell to cover, weighted average price, foreign private issuer
4 terms
sell to cover financial
"obligations to be funded by a "sell to cover" transaction and does not"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant to Rule"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity transactions did ICON PLC (ICLR) director Anne Clem Whitaker report?
Anne Clem Whitaker reported 1,732 restricted share units vesting into ordinary shares, a new grant of 1,324 RSUs, and sales of 841 shares executed solely to cover tax withholding obligations related to the vesting.
Why are Anne Clem Whitaker’s ICON PLC (ICLR) transactions exempt from certain U.S. rules?
The remarks state ICON plc qualifies as a foreign private issuer under Rule 3a12-3(b) of the Exchange Act, so the reporting person’s equity transactions are exempt from Sections 16(b) and 16(c) short-swing profit rules.