ICON PLC (ICLR) director sells 841 shares to cover RSU taxes, gets new grant
Rhea-AI Filing Summary
ICON PLC director Ronan Martin Murphy reported multiple equity transactions. On August 10, 2026, 1,732 restricted share units vested, converting into the same number of ordinary shares, with a nominal EUR 0.06 per-share amount deducted from pay. He also received a new grant of 1,324 restricted share units scheduled to vest on May 22, 2027. On August 11, 2026, he sold 841 ordinary shares in several open-market trades at weighted-average prices around $162–$166, solely to cover tax withholding obligations in a non-discretionary "sell to cover" transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Murphy Ronan Martin
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 — 3,847 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: 841 ordinary shares
RSUs vested: 1,732 restricted share units
New RSU grant: 1,324 restricted share units
+3 more
6 metrics
Shares sold
841 ordinary shares
Total shares sold on August 11, 2026 to cover tax withholding obligations
RSUs vested
1,732 restricted share units
RSUs granted May 22, 2025 that vested on August 10, 2026
New RSU grant
1,324 restricted share units
RSUs granted August 10, 2026, scheduled to vest on May 22, 2027
Nominal conversion price
EUR 0.06 per underlying share
Amount deducted from pay upon RSU vesting for each ordinary share
Weighted-average sale prices
$162.72; $163.77; $164.47; $165.51 per share
Weighted-average prices for four August 11, 2026 tax-related sales
Sale price ranges
$162.08–$166.1599 per share
Ranges across multiple aggregated transactions described in footnotes
Key Terms
restricted share units, sell to cover, foreign private issuer, weighted average price, +1 more
5 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. 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.
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did ICON PLC (ICLR) director Ronan Martin Murphy report?
Ronan Martin Murphy reported vesting of 1,732 restricted share units, a new grant of 1,324 restricted share units, and sales of 841 ordinary shares used solely to cover tax withholding obligations related to the RSU vesting.
What RSU vesting did Ronan Martin Murphy report for ICON PLC (ICLR)?
Murphy reported that 1,732 restricted share units, originally granted on May 22, 2025, vested on August 10, 2026. Each RSU converts into one ordinary share, with a nominal EUR 0.06 per-share amount deducted from his pay at vesting.
Were Ronan Martin Murphy’s ICON PLC (ICLR) trades under a Rule 10b5-1 plan?
The Rule 10b5-1 checkbox is not marked as used, and the filing instead explains the sales as a non-discretionary "sell to cover" to satisfy tax withholding on RSU vesting, rather than as trades under a pre-arranged trading plan.
What does ICON PLC’s foreign private issuer status mean for this Form 4?
The remarks note that as a foreign private issuer, ICON PLC’s equity securities are exempt from Sections 16(b) and 16(c) of the Exchange Act, so short-swing profit recovery rules and related provisions do not apply to these transactions.