Kestra Medical director gets 7,217 RSUs, sells 5,694 shares
KESTRA MEDICAL TECHNOLOGIES, LTD.
Rhea-AI Filing Summary
KESTRA MEDICAL TECHNOLOGIES, LTD. (KMTS) director Hanley Conor reported two equity transactions: a grant of 7,217 restricted stock units, each convertible into one common share and vesting on September 9, 2027 subject to continued service, and a sale of 5,694 common shares on September 8, 2026 at a weighted average price of $25.2509 per share. The sale was a nondiscretionary “sell to cover” transaction to satisfy tax withholding obligations arising from the vesting and settlement of previously granted restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,694 shares
Net Sell
2 txns
Insider
Hanley Conor
Role
Director
Sold
5,694 shs ($144K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F3 | 7,217 | -- | -- |
| Sale | Common Shares F1, F2 | 5,694 | $25.2509 | $144K |
Holdings After Transaction:
Common Shares — 13,489 shares (Direct)
Footnotes (3)
- 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 $24.9100 to $25.5100. 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.
- F3. The reported securities represent restricted stock units which each entitle the reporting person to receive one common share of the Issuer. The restricted stock units will vest on September 9, 2027, subject to the reporting person's continued service through such date.
Key Figures
Shares sold: 5,694 shares
Weighted average sale price: $25.2509 per share
Sale price range: $24.9100 to $25.5100 per share
+2 more
5 metrics
Shares sold
5,694 shares
Common shares sold on September 8, 2026 in a sell-to-cover transaction
Weighted average sale price
$25.2509 per share
Average price for the 5,694 KMTS shares sold on September 8, 2026
Sale price range
$24.9100 to $25.5100 per share
Range of prices at which the reported 5,694 shares were sold
RSUs granted
7,217 units
Restricted stock units granted on September 9, 2026, each for one common share
RSU vesting date
September 9, 2027
Vesting date for the 7,217 restricted stock units, subject to continued service
Key Terms
restricted stock units, sell to cover, weighted average price
3 terms
restricted stock units financial
"The reported securities represent restricted stock units which each entitle"
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
"required to be sold by the reporting person pursuant to sell to cover"
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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did KMTS director Hanley Conor report?
Hanley Conor reported a grant of 7,217 restricted stock units on September 9, 2026 and a sale of 5,694 common shares on September 8, 2026. The sale was a nondiscretionary sell-to-cover to satisfy tax withholding on vesting restricted stock units.
What did the 7,217 KMTS restricted stock units granted to Hanley Conor represent?
The 7,217 restricted stock units each entitle Hanley Conor to receive one KMTS common share. According to the disclosure, these restricted stock units will vest on September 9, 2027, subject to his continued service through that date.
Were the reported KMTS transactions under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, and the footnotes describing the 5,694-share sell-to-cover and the 7,217 RSU grant do not state that either transaction was executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.