Kestra Medical Technologies (KMTS) CCO sells 6,275 shares for tax withholding
Rhea-AI Filing Summary
Kestra Medical Technologies Chief Commercial Officer Alfred J. Ford Jr. reported a nondiscretionary sale of 6,275 common shares on 2026-08-04 to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units. The shares were sold at a weighted average price of $24.0862, with prices ranging from $23.9000 to $24.5700. Following this tax-related sale, he directly holds 99,564 common shares of Kestra Medical Technologies.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,275 shares
Net Sell
1 txn
Insider
Ford Alfred J Jr
Role
Chief Commercial Officer
Sold
6,275 shs ($151K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 6,275 | $24.0862 | $151K |
Holdings After Transaction:
Common Shares — 99,564 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 $23.9000 to $24.5700. 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: 6,275 shares
Weighted average sale price: $24.0862 per share
Sale price range: $23.9000 to $24.5700
+1 more
4 metrics
Shares sold
6,275 shares
Common shares sold by Alfred J. Ford Jr. on 2026-08-04
Weighted average sale price
$24.0862 per share
Average price for 6,275 common shares sold
Sale price range
$23.9000 to $24.5700
Price range of executed sales included in the reported transaction
Shares owned after transaction
99,564 shares
Direct common share holdings of Alfred J. Ford Jr. following the sale
Key Terms
sell to cover, restricted stock units, weighted average price, tax withholding obligations
4 terms
sell to cover financial
"represents a nondiscretionary sale of shares required to be sold by the reporting person pursuant to sell to cover transactions"
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.
restricted stock units financial
"tax withholding obligations in connection with the 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.
weighted average price financial
"The price in Column 4 is a weighted average price. The prices at which the reported securities were sold"
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.
tax withholding obligations financial
"transactions to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kestra Medical (KMTS) report for Alfred J. Ford Jr.?
Kestra Medical reported that Chief Commercial Officer Alfred J. Ford Jr. sold 6,275 common shares on 2026-08-04. This was a nondiscretionary sale to cover tax withholding obligations tied to the vesting and settlement of restricted stock units.
Were the KMTS insider sales by Alfred J. Ford Jr. part of a trading plan?
The transaction is described as a nondiscretionary sell-to-cover for taxes rather than a discretionary trade. The Rule 10b5-1 checkbox for pre-arranged trading plans was not marked as affirmatively used for this reported sale.