Kestra Medical Technologies (KMTS) CEO sells 51,900 shares for taxes
Rhea-AI Filing Summary
Kestra Medical Technologies, Ltd.'s President and Chief Executive Officer, Brian Daniel Webster, reported selling 51,900 common shares of KMTS on August 4, 2026, across three sale transactions. Footnotes state these were nondiscretionary sell-to-cover sales to satisfy tax withholding obligations from restricted stock unit vesting, including 48,625 shares at a weighted average price of $24.4692 per share.
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Insights
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Insider Trade Summary
Net Seller: 51,900 shares
Net Sell
3 txns
Insider
Webster Brian Daniel
Role
See Remarks
Sold
51,900 shs ($1.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F2 | 48,625 | $24.4692 | $1.19M |
| Sale | Common Shares F1, F3 | 2,833 | $25.1635 | $71K |
| Sale | Common Shares F1, F4 | 442 | $25.9835 | $11K |
Holdings After Transaction:
Common Shares — 475,215 shares (Direct)
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 $23.9000 to $24.8850. 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 price in Column 4 is a weighted average price. The prices at which the reported securities were sold ranged from $24.9500 to $25.9300. 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.
- F4. The price in Column 4 is a weighted average price. The prices at which the reported securities were sold ranged from $25.9500 to $26.0300. 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
Total shares sold on August 4, 2026: 51,900 common shares
First tranche weighted average price: $24.4692 per share
Second tranche weighted average price: $25.1635 per share
+1 more
4 metrics
Total shares sold on August 4, 2026
51,900 common shares
Aggregate KMTS common shares sold by Brian Daniel Webster across three transactions
First tranche weighted average price
$24.4692 per share
48,625 KMTS common shares sold on August 4, 2026
Second tranche weighted average price
$25.1635 per share
2,833 KMTS common shares sold on August 4, 2026
Third tranche weighted average price
$25.9835 per share
442 KMTS common shares sold on August 4, 2026
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"
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
"sell to cover transactions to satisfy tax withholding obligations in connection with the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Kestra Medical Technologies (KMTS) report in this Form 4?
Kestra Medical Technologies reported that CEO Brian Daniel Webster sold 51,900 common shares of KMTS on August 4, 2026. The Form 4 describes three separate transactions, all involving common shares held directly by Webster as the company’s President and Chief Executive Officer.
What positions does Brian Daniel Webster hold at Kestra Medical Technologies (KMTS)?
Brian Daniel Webster is identified as both a director and an officer of Kestra Medical Technologies, serving as its President and Chief Executive Officer. These roles are noted in the reporting person information and related remarks section of the Form 4.