Kestra Medical (KMTS) director and officer acquires 942 ESPP shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kestra Medical Technologies director and officer Traci S. Umberger acquired 942 shares of common stock through the company’s Employee Stock Purchase Plan. The shares were purchased for $21.55 per share, equal to 85% of the closing price on June 29, 2026, under a plan exempt under Rule 16b-3.
Following this ESPP purchase for the period from January 1, 2026 through June 30, 2026, Umberger beneficially owns 162,802 shares of Kestra common stock, which the filing notes includes unvested restricted stock units (RSUs).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Umberger Traci S
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 942 | $21.55 | $20K |
Holdings After Transaction:
Common Stock — 162,802 shares (Direct, null)
Footnotes (1)
- Shares purchased pursuant to the Kestra Medical Technologies, Ltd. 2025 Employee Stock Purchase Plan ("ESPP") in transactions that were exempt under Rule 16b-3, for the ESPP purchase period of January 1, 2026 through June 30, 2026. In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of the Issuer's common stock on June 29, 2026. Includes unvested RSUs.
Key Figures
ESPP shares acquired: 942 shares
ESPP purchase price: $21.55 per share
Beneficial ownership after transaction: 162,802 shares
+2 more
5 metrics
ESPP shares acquired
942 shares
Common stock acquired under ESPP for period Jan 1–Jun 30, 2026
ESPP purchase price
$21.55 per share
Equal to 85% of closing price on June 29, 2026
Beneficial ownership after transaction
162,802 shares
Total Kestra common shares owned after ESPP purchase, includes unvested RSUs
Discount to market under ESPP
85% of closing price
ESPP terms use 85% of June 29, 2026 closing price for purchase
ESPP period covered
January 1–June 30, 2026
ESPP purchase period referenced in the Form 4 footnote
Key Terms
Employee Stock Purchase Plan, Rule 16b-3, ESPP, unvested RSUs
4 terms
Employee Stock Purchase Plan financial
"Shares purchased pursuant to the Kestra Medical Technologies, Ltd. 2025 Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3 regulatory
"pursuant to the Kestra Medical Technologies, Ltd. 2025 Employee Stock Purchase Plan ("ESPP") in transactions that were exempt under Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
ESPP financial
"In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
unvested RSUs financial
"Includes unvested RSUs."
FAQ
What did Kestra Medical Technologies (KMTS) insider Traci S. Umberger do in this Form 4?
Traci S. Umberger acquired 942 shares of Kestra Medical Technologies common stock through the company’s Employee Stock Purchase Plan. The filing classifies this as a grant or award-type acquisition exempt under Rule 16b-3, not an open-market trade.
What period does the Kestra Medical Technologies ESPP purchase cover in this Form 4?
The Employee Stock Purchase Plan transaction covers the purchase period from January 1, 2026 through June 30, 2026. The 942 shares reported in the Form 4 represent the total shares purchased for Traci S. Umberger during this specific ESPP offering period.
Is the KMTS insider acquisition in this Form 4 an open-market buy?
No, the Kestra Medical Technologies transaction is not an open-market buy. The filing states the shares were purchased under the company’s Employee Stock Purchase Plan and were exempt under Rule 16b-3, characterizing it as a plan-based, compensation-related acquisition.