IDEXX (IDXX) EVP Fennell reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Executive Vice President George Fennell of IDEXX Laboratories reported routine equity compensation activity involving restricted stock units that vested on June 1, 2026. He acquired 639 shares of common stock through the conversion of restricted stock units, while 284 shares were disposed of to cover tax obligations. After these transactions, he directly holds 10,433 shares of common stock, reflecting a net increase in his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
639 shares exercised/converted
Mixed
3 txns
Insider
FENNELL GEORGE
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 639 | $0.00 | -- |
| Exercise | Common Stock | 639 | $0.00 | -- |
| Tax Withholding | Common Stock | 284 | $566.79 | $161K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 10,717 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents a contingent right to receive one share of Issuer common stock and vested in one installment on June 1, 2026. Not applicable.
Key Figures
Shares acquired via RSU conversion: 639 shares
Shares withheld for taxes: 284 shares
Post-transaction holdings: 10,433 shares
+2 more
5 metrics
Shares acquired via RSU conversion
639 shares
Common stock from restricted stock units on June 1, 2026
Shares withheld for taxes
284 shares
Common stock disposed in tax-withholding transaction on June 1, 2026
Post-transaction holdings
10,433 shares
Directly held IDEXX common stock after June 1, 2026 transactions
Tax-withholding price
$566.79 per share
Price per share for 284-share tax-withholding disposition
RSU exercise price
$0.00 per unit
Conversion of 639 restricted stock units into common stock
Key Terms
Restricted Stock Unit, tax-withholding disposition, Exercise or conversion of derivative security, Executive Vice President
4 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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 284 common shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Executive Vice President financial
"George Fennell serves as Executive Vice President of IDEXX Laboratories"
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What did IDEXX (IDXX) executive George Fennell report in this Form 4?
George Fennell reported routine equity compensation activity. Restricted stock units vested into 639 common shares on June 1, 2026, and 284 shares were withheld to pay taxes, resulting in a higher direct shareholding after the transactions.
Were George Fennell’s IDEXX (IDXX) Form 4 transactions open‑market buys or sales?
No open‑market trades were reported. The filing shows a conversion of restricted stock units into 639 common shares and a 284‑share disposition strictly to cover tax liabilities, rather than discretionary buying or selling on the open market.
What do the restricted stock units in the IDEXX (IDXX) Form 4 represent?
Each restricted stock unit represented a right to receive one IDEXX common share and vested in a single installment on June 1, 2026. Upon vesting, the units converted into 639 common shares, with some shares withheld to satisfy tax obligations.