Integer Holdings (NYSE: ITGR) CHRO receives PSUs, uses shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Integer Holdings Corp executive Thor Kirk K, Chief Human Resources Officer, reported equity awards and a related tax share disposition in common stock.
He acquired 4,475 shares and 4,550 shares through vesting of performance-based PSUs tied to financial and relative total shareholder return goals, then disposed of 2,198 shares at $84.85 per share to satisfy tax obligations, leaving 34,982 shares owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Thor Kirk K
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,475 | $0.00 | -- |
| Grant/Award | Common Stock | 4,550 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,198 | $84.85 | $187K |
Holdings After Transaction:
Common Stock — 32,630 shares (Direct)
Footnotes (1)
- Represents the vesting of performance-based restricted stock units ("PSU") that have vested based upon the satisfaction of specified financial performance targets based upon organic sales growth achievement for each of 2023, 2024 and 2025. The criteria for the vesting of these PSUs into shares has been met. Represents the vesting of PSUs that have vested based upon the satisfaction of 3-year relative total shareholder return goals. The criteria for the vesting of these PSUs into shares has been met.
FAQ
What insider transactions did Thor Kirk K report for Integer Holdings (ITGR)?
Thor Kirk K reported awards of common stock and a related tax share disposition. He acquired 4,475 and 4,550 shares from vesting performance-based PSUs, then disposed of 2,198 shares at $84.85 per share to cover tax liabilities, ending with 34,982 shares.
What performance goals triggered Thor Kirk K’s PSUs at Integer Holdings (ITGR)?
The awards vested after meeting specified performance targets. One PSU grant vested based on organic sales growth for 2023, 2024, and 2025, while another vested based on three-year relative total shareholder return goals once the stated criteria had been satisfied.
What types of equity awards did Integer Holdings (ITGR) grant to Thor Kirk K?
The reported awards are performance-based restricted stock units. One tranche vested upon achieving organic sales growth targets across 2023–2025, and another vested after meeting specified three-year relative total shareholder return goals, both converting into common shares at no cash cost.