IDEXX (IDXX) director Stuart Essig granted RSUs and options in new equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IDEXX Laboratories director Stuart Essig reported receiving equity compensation awards. He was granted 234 restricted stock units and a non-qualified stock option for 525 shares of common stock at an exercise price of $533.92 per share. Both awards vest in a single installment after about one year or on the 2027 annual shareholder meeting date, whichever comes first.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ESSIG STUART
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right-to-buy) | 525 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 234 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right-to-buy) — 525 shares (Direct, null);
Restricted Stock Unit — 234 shares (Direct, null)
Footnotes (1)
- Grant of option to buy shares of Issuer common stock that vest in one installment on the one year anniversary of the date of grant or on the date of the 2027 annual meeting of shareholders, whichever event is earlier. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. These restricted stock units vest in one installment on the one year anniversary of the date of grant or on the date of the 2027 annual meeting of shareholders, whichever event is earlier.
Key Figures
RSU grant size: 234 units
Option grant size: 525 shares
Option exercise price: $533.92/share
+4 more
7 metrics
RSU grant size
234 units
Restricted stock units granted to director on 2026-05-12
Option grant size
525 shares
Non-qualified stock option granted to director on 2026-05-12
Option exercise price
$533.92/share
Conversion or exercise price for non-qualified stock option
RSUs underlying shares
234 shares
Each RSU represents one share of common stock
Option expiration
2036-05-11
Expiration date of non-qualified stock option grant
Post-grant RSU holdings
234 units
Total restricted stock units following transaction
Post-grant option holdings
525 options
Total options following transaction for this grant
Key Terms
Restricted Stock Unit, Non-Qualified Stock Option (right-to-buy), annual meeting of shareholders
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.
Non-Qualified Stock Option (right-to-buy) financial
"Grant of option to buy shares of Issuer common stock that vest in one installment."
FAQ
What equity awards did Stuart Essig receive in IDEXX (IDXX) on this Form 4?
Stuart Essig received two equity awards: 234 restricted stock units and a non-qualified stock option for 525 shares of IDEXX common stock. Both are compensation grants rather than open-market purchases or sales, reflecting standard director incentive alignment with shareholders.
How do the restricted stock units granted to Stuart Essig at IDEXX (IDXX) vest?
Each restricted stock unit vests in one installment after the grant. Vesting occurs on the one-year anniversary of the grant date or on the date of IDEXX’s 2027 annual shareholder meeting, whichever happens earlier, at which point each unit converts into one share of common stock.
What are the key terms of Stuart Essig’s stock option grant at IDEXX (IDXX)?
Essig received a non-qualified stock option covering 525 shares of IDEXX common stock with an exercise price of $533.92 per share. The option vests in one installment on the one-year anniversary of the grant date or at the 2027 annual meeting, and expires in 2036.