Kestra Medical (NASDAQ: KMTS) executive sells 3,580 shares for tax withholding
Rhea-AI Filing Summary
KESTRA MEDICAL TECHNOLOGIES, LTD. executive Traci S. Umberger, General Counsel and Chief Administrative Officer, reported a non-discretionary sale of 3,580 common shares on August 4, 2026, to cover tax withholding obligations arising from the vesting and settlement of restricted stock units. The sale was executed at a weighted average price of $24.0428 per share, with individual prices ranging from $23.8000 to $24.4200.
Following this tax-related sale, Umberger directly holds 195,825 common shares of Kestra Medical Technologies, Ltd.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 3,580 shares
Net Sell
1 txn
Insider
Umberger Traci S
Role
See Remarks
Sold
3,580 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 3,580 | $24.0428 | $86K |
Holdings After Transaction:
Common Shares — 195,825 shares (Direct)
Footnotes (2)
- F1. The sale reported in this Form 4 represents a nondiscretionary sale of shares required to be sold by the reporting person pursuant to sell to cover transactions to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units.
- F2. The price in Column 4 is a weighted average price. The prices at which the reported securities were sold ranged from $23.8000 to $24.4200. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, information regarding the number of shares at each price within the range.
Key Figures
Shares Sold: 3,580 common shares
Weighted Average Sale Price: $24.0428 per share
Sale Price Range: $23.8000 to $24.4200
+1 more
4 metrics
Shares Sold
3,580 common shares
Non-discretionary sell-to-cover transaction on August 4, 2026
Weighted Average Sale Price
$24.0428 per share
Average price for 3,580 shares sold on August 4, 2026
Sale Price Range
$23.8000 to $24.4200
Range of individual trade prices within the reported sale
Shares Held After Transaction
195,825 common shares
Direct holdings of Traci S. Umberger following the sell-to-cover sale
Key Terms
restricted stock units, sell to cover, tax withholding obligations, weighted average price
4 terms
restricted stock units financial
"vesting and settlement of restricted stock units"
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.
sell to cover financial
"pursuant to sell to cover transactions to satisfy tax withholding"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"transactions to satisfy tax withholding obligations in connection with the vesting"
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did KMTS report for Traci S. Umberger?
KMTS reported that Traci S. Umberger sold 3,580 common shares on August 4, 2026. The sale was a non-discretionary, sell-to-cover transaction to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units.
Was the KMTS insider sale a discretionary trade or for tax withholding?
The KMTS trade was non-discretionary and executed to cover tax withholding obligations. A footnote explains the shares were sold pursuant to sell-to-cover arrangements linked to the vesting and settlement of restricted stock units, rather than an open-market discretionary decision.
Did the KMTS Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox was not selected, and a footnote characterizes the transaction as a nondiscretionary sale to cover tax withholding from RSU vesting, rather than a sale executed under a pre-arranged Rule 10b5-1 trading plan.
What role does the insider in this KMTS Form 4 filing hold?
The reporting person, Traci S. Umberger, serves as General Counsel and Chief Administrative Officer and is also listed as a director of Kestra Medical Technologies, Ltd., according to the information provided in the Form 4.