Director Hooley of IDEXX (NASDAQ: IDXX) gains 158 common shares via RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IDEXX Laboratories director Joseph L. Hooley reported a routine equity compensation event. On May 7, 2026, 158 restricted stock units vested and were converted into 158 shares of IDEXX common stock, with no sale involved.
Following this exercise and conversion of the derivative security, Hooley directly holds 276 shares of common stock. The vested RSUs represented a contingent right to receive one share of common stock per unit, vesting in a single installment on May 7, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
158 shares exercised/converted
Mixed
2 txns
Insider
HOOLEY JOSEPH L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 158 | $0.00 | -- |
| Exercise | Common Stock | 158 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 276 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer common stock that vested in one installment on May 7, 2026. Not applicable.
Key Figures
RSUs converted: 158 shares
Shares held after transaction: 276 shares
Exercise/conversion price: $0.00 per share
+1 more
4 metrics
RSUs converted
158 shares
Restricted stock units vested and converted on May 7, 2026
Shares held after transaction
276 shares
Direct IDEXX common stock holdings post-transaction
Exercise/conversion price
$0.00 per share
RSU conversion price indicated in Form 4
Derivative securities remaining from this RSU grant
0 units
Restricted stock units from this award after May 7, 2026 conversion
Key Terms
Restricted Stock Unit, derivative security, contingent right
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer common stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"represents a contingent right to receive one share of Issuer common stock"
FAQ
What insider transaction did IDEXX (IDXX) director Joseph L. Hooley report?
Director Joseph L. Hooley reported the vesting and conversion of 158 restricted stock units into 158 shares of IDEXX common stock. This was an equity compensation event, not an open-market purchase or sale, and reflects standard director compensation mechanics.
What are the director’s IDEXX (IDXX) holdings after this Form 4 transaction?
After the May 7, 2026 transaction, Joseph L. Hooley directly holds 276 shares of IDEXX common stock. These holdings reflect the post-transaction balance following the vesting and conversion of 158 restricted stock units into common shares under his compensation arrangement.
What does the vesting of 158 restricted stock units mean for IDEXX (IDXX) director compensation?
The vesting of 158 restricted stock units means a portion of Joseph L. Hooley’s IDEXX director compensation shifted from contingent RSUs to actual common shares. Each RSU represented a right to one share, vesting in one installment on May 7, 2026, as disclosed.
Were any IDEXX (IDXX) derivative securities left after Joseph L. Hooley’s RSU conversion?
The filing indicates 158 restricted stock units converted into common stock, leaving zero units from that RSU grant outstanding. The derivative summary shows no remaining derivative positions in this Form 4, so that specific RSU award has been fully settled.