ICU Medical (ICUI) COO settles PRSUs, now holds 46,306 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ICU Medical Chief Operating Officer Christian B. Voigtlander reported compensation-related share activity tied to performance awards. He exercised performance-based restricted stock units and restricted stock units that settled into 14,648 shares of Common Stock, with no purchase or exercise price.
These units were granted on 3/15/2023 and, after the Compensation Committee certified results on 2/11/26, the performance-based awards were earned at 117% of target. To cover tax obligations, 8,096 shares were withheld at $125.85 per share, leaving a net increase of 6,552 shares. Following these transactions, Voigtlander directly owns 46,306 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,648 shares exercised/converted
Mixed
6 txns
Insider
Voigtlander Christian B.
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 3,248 | $0.00 | -- |
| Exercise | Performance Shares | 11,400 | $0.00 | -- |
| Exercise | Common Stock | 11,400 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,301 | $125.85 | $793K |
| Exercise | Common Stock | 3,248 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,795 | $125.85 | $226K |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Performance Shares — 0 shares (Direct)
Footnotes (1)
- These Securities are Performance-based Restricted Stock Units (PRSU). Represents the settlement of performance stock units granted on 3/15/2023. Upon the certification of performance results by the Compensation Committee on 2/11/26, the PRSUs were earned at 117% of target, resulting in the acquisition of the shares reported herein. These securities are Restricted Stock Units. There is neither a purchase price nor an exercise price for the Restricted Stock Units. There is neither a purchase price nor an exercise price for the PRSUs.
FAQ
What did ICU Medical (ICUI) COO Christian Voigtlander report on this Form 4?
He reported the settlement of performance-based and time-based stock units into 14,648 shares of Common Stock. The activity reflects equity compensation vesting, not open-market buying or selling, with some shares withheld for taxes.
Were the ICU Medical (ICUI) COO’s Form 4 transactions open-market sales?
No, the disposition entries reflect tax withholding, not market sales. A total of 8,096 shares of Common Stock were withheld at $125.85 per share to satisfy tax obligations on the vested equity awards.
What performance result triggered the ICU Medical (ICUI) PRSU settlement?
Performance stock units granted on 3/15/2023 were earned at 117% of target. This followed certification of performance results by the Compensation Committee on 2/11/26, leading to the acquisition of the reported shares.
What types of equity awards were involved in the ICU Medical (ICUI) Form 4?
The filing involves Performance-based Restricted Stock Units (PRSUs) and Restricted Stock Units (RSUs). Both have no purchase or exercise price, and upon vesting they settle into shares of ICU Medical common stock.