Director at Integer Holdings (NYSE: ITGR) awarded 2,623 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Integer Holdings Corp director Donald J. Spence received a grant of 2,623 restricted stock units on May 20, 2026. These RSUs convert into common stock on a one-for-one basis and vest in roughly equal installments on August 20, 2026, November 20, 2026, February 20, 2027, and May 18, 2027. Spence has elected to defer settlement of the underlying common stock until he separates from service as a director or there is a change in control of the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Spence Donald J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,623 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,623 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") convert into common stock on a one-for-one basis. Grant of RSUs as of May 20, 2026. RSUs vest in approximately equal installments on August 20, 2026, November 20, 2026, February 20, 2027, and May 18, 2027. The RSUs will convert into common stock on a one-for-one basis, but the Reporting Person has elected to defer settlement of the common stock underlying these RSUs until separation from service as a director, or a change in control, of the Issuer.
Key Figures
RSUs granted: 2,623 units
Vesting start date: August 20, 2026
Final vesting date: May 18, 2027
+1 more
4 metrics
RSUs granted
2,623 units
Grant of restricted stock units on May 20, 2026
Vesting start date
August 20, 2026
First RSU installment vests
Final vesting date
May 18, 2027
Last RSU installment vests
Post-transaction RSUs
2,623 units
Total restricted stock units held after grant
Key Terms
Restricted Stock Units, vest, change in control, separation from service
4 terms
Restricted Stock Units financial
"Restricted stock units ("RSUs") convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"RSUs vest in approximately equal installments on August 20, 2026, November 20, 2026, February 20, 2027, and May 18, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
change in control financial
"until separation from service as a director, or a change in control, of the Issuer."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
separation from service financial
"until separation from service as a director, or a change in control, of the Issuer."
FAQ
What insider transaction did Integer Holdings (ITGR) report for Donald J. Spence?
Integer Holdings reported that director Donald J. Spence received 2,623 restricted stock units as a grant. The RSUs convert into common stock on a one-for-one basis and represent equity-based compensation rather than an open-market stock purchase or sale.
How many restricted stock units were granted to the Integer Holdings (ITGR) director?
Donald J. Spence was granted 2,623 restricted stock units. Each unit represents the right to receive one share of Integer Holdings common stock, subject to the vesting schedule and the director’s deferral election described in the Form 4 filing footnotes.
What is the vesting schedule for Donald J. Spence’s RSUs at Integer Holdings (ITGR)?
The 2,623 RSUs vest in approximately equal installments on August 20, 2026, November 20, 2026, February 20, 2027, and May 18, 2027. Vesting means portions of the grant become earned over time, contingent on continued service as a director.
When will the RSUs granted to the Integer Holdings (ITGR) director convert into common stock?
The RSUs convert into common stock on a one-for-one basis after vesting, but settlement is deferred. Donald J. Spence elected to receive the underlying shares only upon separation from service as a director or upon a change in control of Integer Holdings.
How many RSUs does Donald J. Spence hold in Integer Holdings (ITGR) after this grant?
After the grant, Donald J. Spence holds 2,623 restricted stock units according to the Form 4. These units represent a right to receive the same number of Integer Holdings common shares once vesting and the chosen settlement conditions are satisfied.