Kestra Medical director gets RSUs, sells 3,890 shares
KMTS director and ten percent owner Jeffrey Schwartz received new RSUs and executed a tax-related sell-to-cover while maintaining a large indirect stake via Bain Charger Holdings.
Rhea-AI Filing Summary
KESTRA MEDICAL TECHNOLOGIES, LTD. (KMTS) director and ten percent owner Jeffrey Lawrence Schwartz reported both an equity award and a tax-related sale of common shares. On September 9, 2026, he acquired 7,217 restricted stock units (RSUs), each convertible into one common share, which vest on September 9, 2027 subject to continued service.
On September 8, 2026, he sold 3,890 common shares at a weighted average price of $25.178 per share, with prices ranging from $24.91 to $25.424, in a nondiscretionary “sell to cover” transaction to satisfy tax withholding obligations tied to RSU vesting and settlement. He is also reported as having indirect ownership of 25,172,338 common shares held by Bain Charger Holdings, L.P., where he may be deemed to share voting and dispositive power, while disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F3 | 7,217 | -- | -- |
| Sale | Common Shares F1, F2 | 3,890 | $25.178 | $98K |
| holding | Common Shares F4 | -- | -- | -- |
Footnotes (4)
- 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 $25.4240. 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 ("RSUs") which each entitle the Reporting Person to receive one common share of the Issuer. The RSUs will vest on September 9, 2027, subject to the Reporting Person's continued service through such date.
- F4. Represents 25,172,338 common shares of the Issuer held directly by Bain Charger Holdings, L.P. ("Bain Charger"). Mr. Schwartz is a Partner of Bain Capital Investors, LLC, which is the general partner of Bain Charger. As a result, Mr. Schwartz may be deemed to share voting and dispositive power with respect to the securities held by Bain Charger. Mr. Schwartz disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
restricted stock units financial
weighted average price financial
sell to cover financial
dispositive power financial
pecuniary interest financial
FAQ
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