ICON PLC (ICLR) director reports RSU vesting, new grant and tax sell-to-cover sales
Rhea-AI Filing Summary
ICON PLC director Eugene Pacelli McCague reported multiple equity transactions. On August 10, 2026, 1,732 restricted share units granted on May 22, 2025 vested, converting into 1,732 ordinary shares with a nominal conversion price equal to the EUR 0.06 par value per share deducted from pay. On the same date he received a new grant of 1,324 restricted share units scheduled to vest on May 22, 2027.
On August 11, 2026, he sold an aggregate of 841 ordinary shares in several tranches at weighted-average prices between $162.08 and $166.1599 per share. According to the footnotes, these sales were solely to cover tax withholding obligations via a “sell to cover” arrangement and did not represent discretionary trading decisions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
McCague Eugene Pacelli
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 — 3,811 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 ordinary shares
Sale price range: $162.08 to $166.1599 per share
RSUs vested into shares: 1,732 restricted share units
+2 more
5 metrics
Shares sold to cover taxes
841 ordinary shares
Aggregate shares sold on August 11, 2026 to cover tax withholding obligations
Sale price range
$162.08 to $166.1599 per share
Weighted-average price ranges for tax-related sales on August 11, 2026
RSUs vested into shares
1,732 restricted share units
RSUs granted May 22, 2025 that vested on August 10, 2026 into ordinary shares
New RSU grant
1,324 restricted share units
RSUs granted on August 10, 2026 scheduled to vest on May 22, 2027
RSU nominal conversion price
EUR 0.06 per share
Par value per underlying ordinary share deducted from pay on RSU vesting
Key Terms
restricted share units, sell to cover, foreign private issuer, weighted average price
4 terms
sell to cover financial
"to be funded by a "sell to cover" transaction and does not represent"
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.
foreign private issuer regulatory
"Due to the issuer's status as a foreign private issuer pursuant"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ICON PLC (ICLR) director Eugene Pacelli McCague report?
Eugene Pacelli McCague reported 1,732 RSUs vesting into ordinary shares, a new grant of 1,324 RSUs, and sales of 841 shares on August 11, 2026, to cover tax withholding obligations through a sell-to-cover arrangement.
What new equity award did Eugene Pacelli McCague receive from ICON PLC (ICLR)?
On August 10, 2026, he received a grant of 1,324 restricted share units. These RSUs each represent a right to receive one ordinary share and are scheduled to vest on May 22, 2027, according to the Form 4 footnote.
How are Eugene Pacelli McCague’s ICON PLC (ICLR) RSUs structured on conversion?
Each restricted share unit converts into one ordinary share upon vesting, with a nominal conversion price equal to the EUR 0.06 par value per underlying share automatically deducted from his pay, as disclosed in the transaction footnotes.