IDEXX (IDXX) director Szostak adds 257 shares as RSUs vest into stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
IDEXX Laboratories director M. Anne Szostak increased her equity exposure through a routine equity award vesting. On May 7, 2026, restricted stock units covering 257 shares of common stock converted into 257 directly held shares at an exercise price of $0.00 per share, bringing her direct common stock holdings to 519 shares. She also reports indirect ownership of 1,542 shares held by the Trust of M. Anne Szostak and 259 shares held by The O'Hanian-Szostak Family Foundation, reflecting additional positions managed through these entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
257 shares exercised/converted
Mixed
4 txns
Insider
SZOSTAK M ANNE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 257 | $0.00 | -- |
| Exercise | Common Stock | 257 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 519 shares (Direct, null);
Common Stock — 1,542 shares (Indirect, Trust of M. Anne Szostak)
Footnotes (1)
- The reporting person is the settlor of the Trust of M. Anne Szostak ("Trust") and the trustee of the Trust, has power to direct the distribution of Trust assets, and has the power to revoke or amend the Trust. The reporting person has a pecuniary interest in the shares held by the Trust. The reporting person is a trustee of The O'Hanian-Szostak Family Foundation ('Foundation') and has power to direct the distribution of assets held by the Foundation. 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: 257 shares
Direct holdings after transaction: 519 shares
Trust holdings: 1,542 shares
+3 more
6 metrics
RSUs converted
257 shares
Restricted stock units converting into common stock on May 7, 2026
Direct holdings after transaction
519 shares
Common stock held directly by M. Anne Szostak after RSU conversion
Trust holdings
1,542 shares
Common stock held by the Trust of M. Anne Szostak as indirect ownership
Foundation holdings
259 shares
Common stock held by The O'Hanian-Szostak Family Foundation as indirect ownership
Exercise price per RSU
$0.00 per share
Conversion of restricted stock units into common stock
Transaction date
May 7, 2026
Date of RSU conversion and updated holdings reporting
Key Terms
Restricted Stock Unit, derivative security, pecuniary interest, indirect ownership
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.
derivative security financial
"transaction_code_description": "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.
pecuniary interest financial
"The reporting person has a pecuniary interest in the shares held by the Trust."
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
FAQ
What insider transaction did IDXX director M. Anne Szostak report?
M. Anne Szostak reported a routine equity award vesting. On May 7, 2026, restricted stock units covering 257 shares of IDEXX Laboratories common stock converted into 257 directly held shares, increasing her direct ownership to 519 shares with no reported open‑market sale.
What indirect IDEXX (IDXX) holdings does M. Anne Szostak report?
She reports indirect ownership through a trust and a foundation. The Form 4 lists 1,542 shares held by the Trust of M. Anne Szostak and 259 shares held by The O'Hanian-Szostak Family Foundation, in addition to her directly owned shares.
What does the restricted stock unit transaction mean for IDXX ownership?
The transaction reflects conversion of compensation into common shares. Each restricted stock unit represented a right to receive one IDEXX common share, vesting in a single installment on May 7, 2026, and increasing M. Anne Szostak’s directly held share count without any disclosed sale.