IDEXX (IDXX) director Hooley defers $24,375 into 36 stock units
Rhea-AI Filing Summary
IDEXX Laboratories director Joseph L. Hooley acquired 36 deferred stock units of common stock on January 30, 2026 through the company’s Director Deferred Compensation Plan. The units were valued using a share price of $670.46, based on $24,375.00 of cash fees he elected to defer.
Each deferred stock unit represents a contingent right to receive one share of IDEXX Laboratories common stock. The units vest immediately upon grant, but are only paid in shares after Hooley resigns from the board or on other fixed dates allowed under the plan. Following this grant, he beneficially owns 75 shares directly.
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Insider Trade Summary
Net Buyer: 36 shares
Net Buy
1 txn
Insider
HOOLEY JOSEPH L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 36 | $670.46 | $24K |
Holdings After Transaction:
Common Stock — 75 shares (Direct)
Footnotes (1)
- F1. Represents deferred stock units acquired pursuant to the IDEXX Laboratories, Inc. Director Deferred Compensation Plan (the "Plan") in accordance with Rule 16b-3. The number of deferred stock units, rounded up or down to the nearest whole unit, is determined by dividing the amount of cash compensation deferred pursuant to the Plan ($24,375.00) by the closing price of IDEXX Laboratories, Inc. common stock on the date of the deferral, or if no such price is reported for that date, the closing price for the next preceding date for which such price was reported. Each deferred stock unit represents a contingent right to receive one share of IDEXX Laboratories, Inc. common stock. The deferred stock units vest immediately upon grant and are payable only as common stock as soon as practicable following the Director's resignation from the Board of Directors or on such other nondiscretionary and objectively determinable date(s) selected in accordance with the terms of the Plan.
FAQ
What insider transaction did IDEXX (IDXX) director Joseph Hooley report?
IDEXX director Joseph L. Hooley reported acquiring 36 deferred stock units of common stock on January 30, 2026. These units were issued under the Director Deferred Compensation Plan in exchange for deferring $24,375.00 of cash board fees into IDEXX equity.
At what price were Joseph Hooley’s IDEXX (IDXX) deferred stock units valued?
Hooley’s 36 deferred stock units were valued at $670.46 per share. The plan calculates units by dividing the $24,375.00 deferred cash compensation by IDEXX’s closing common stock price on the deferral date or the most recent prior trading day.
What is the IDEXX (IDXX) Director Deferred Compensation Plan mentioned in the filing?
The Director Deferred Compensation Plan lets IDEXX directors convert cash fees into deferred stock units. Units equal deferred cash divided by IDEXX’s closing stock price. Each unit represents a right to one share, vesting immediately but paid in stock after board resignation or other preset dates.
When will Joseph Hooley’s IDEXX (IDXX) deferred stock units be paid out?
Hooley’s deferred stock units vest immediately but are only payable in IDEXX common stock. Payment occurs as soon as practicable after his resignation from the board, or on other nondiscretionary, objectively determinable dates he selects under the plan’s terms.
Is Joseph Hooley’s IDEXX (IDXX) Form 4 transaction a purchase on the open market?
No, the transaction reflects equity compensation, not an open-market buy. Hooley received 36 deferred stock units as part of the IDEXX Director Deferred Compensation Plan, funded by deferring $24,375.00 of his cash director fees into IDEXX stock-based awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
