Integer (NYSE: ITGR) EVP exercises 3,837 RSUs; 1,842 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Integer Holdings Corp executive John A. Harris exercised 3,837 restricted stock units into common shares and had shares withheld for taxes. The restricted stock units, granted on July 11, 2024, vested in full on March 31, 2026 and converted one-for-one into common stock.
After conversion, 3,837 common shares were acquired, then 1,842 shares were withheld at $88.00 per share to cover tax liabilities. Following these transactions, Harris directly holds 8,657 shares of Integer Holdings common stock, and no related derivative positions remain from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,837 shares exercised/converted
Mixed
3 txns
Insider
Harris John A
Role
EVP, Global Ops and Manufactur
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,837 | $0.00 | -- |
| Exercise | Common Stock | 3,837 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,842 | $88.00 | $162K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 10,499 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On July 11, 2024, the reporting person was granted 3,837 restricted stock units which vested in full on March 31, 2026.
Key Figures
RSUs Exercised: 3,837 units
Shares Acquired: 3,837 shares
Tax-Withheld Shares: 1,842 shares
+3 more
6 metrics
RSUs Exercised
3,837 units
Restricted stock units converted to common stock on March 31, 2026
Shares Acquired
3,837 shares
Common stock received from RSU conversion
Tax-Withheld Shares
1,842 shares
Shares withheld to cover tax liability at $88.00 per share
Tax Withholding Price
$88.00 per share
Value used for tax-withholding disposition of 1,842 shares
Shares Held After Transactions
8,657 shares
Direct common stock ownership following RSU exercise and tax withholding
Grant Date RSUs
3,837 units
Restricted stock units granted on July 11, 2024
Key Terms
Restricted stock units, one-for-one basis, Exercise or conversion of derivative security, tax-withholding disposition, +1 more
5 terms
Restricted stock units financial
"Restricted stock units 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.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
restricted stock units which vested in full financial
"which vested in full on March 31, 2026."
FAQ
What did Integer Holdings (ITGR) EVP John A. Harris report on this Form 4?
John A. Harris reported exercising 3,837 restricted stock units into common stock. These units vested in full on March 31, 2026 and converted one-for-one into shares, reflecting routine equity compensation rather than an open-market stock purchase or sale.
What are the details of the restricted stock units reported by ITGR’s EVP?
The filing shows 3,837 restricted stock units granted on July 11, 2024. These units vested in full on March 31, 2026 and converted into 3,837 common shares on a one-for-one basis, consistent with standard equity compensation practices for senior executives.
Was there any open-market buying or selling of ITGR stock in this Form 4?
No open-market buying or selling is reported. The transactions involve an RSU conversion coded “M” and a tax-withholding disposition coded “F,” where 1,842 shares were withheld at $88.00 per share to satisfy tax obligations, not sold in the open market.
How does the tax-withholding transaction affect Harris’s ITGR holdings?
The tax-withholding transaction reduced Harris’s new shares by 1,842 at $88.00 per share to cover tax liabilities. After this non-market disposition, he directly owns 8,657 common shares, indicating a continued equity position despite the shares withheld for taxes.