Kestra Medical Technologies (KMTS) officer sells 22,229 shares for tax withholding
Rhea-AI Filing Summary
Kestra Medical Technologies, Ltd. insider Traci S. Umberger, a director and officer, reported selling a total of 22229 Common Shares in three open-market or private transactions on July 30, July 31, and August 3, 2026. Footnotes state these were nondiscretionary sell-to-cover sales required to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units, executed at weighted-average prices within ranges from about $22.17 to $24.28 per share.
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Insights
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Insider Trade Summary
Net Seller: 22,229 shares
Net Sell
3 txns
Insider
Umberger Traci S
Role
See Remarks
Sold
22,229 shs ($513K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares F1, F4 | 7,590 | $23.8553 | $181K |
| Sale | Common Shares F1, F3 | 8,752 | $22.6048 | $198K |
| Sale | Common Shares F1, F2 | 5,887 | $22.7437 | $134K |
Holdings After Transaction:
Common Shares — 199,405 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 $22.2400 to $23.1700. 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 $22.1700 to $22.9200. 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 $23.6500 to $24.2800. 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: 22229 shares
Shares sold 2026-07-30: 5887 shares at $22.7437
Shares sold 2026-07-31: 8752 shares at $22.6048
+1 more
4 metrics
Total shares sold
22229 shares
Aggregate Common Shares sold in three nondiscretionary sell-to-cover transactions on July 30, July 31, and August 3, 2026
Shares sold 2026-07-30
5887 shares at $22.7437
Common Shares sold on 2026-07-30; weighted average price with range $22.2400–$23.1700 per share
Shares sold 2026-07-31
8752 shares at $22.6048
Common Shares sold on 2026-07-31; weighted average price with range $22.1700–$22.9200 per share
Shares sold 2026-08-03
7590 shares at $23.8553
Common Shares sold on 2026-08-03; weighted average price with range $23.6500–$24.2800 per share
Key Terms
sell to cover, restricted stock units, weighted average price
3 terms
sell to cover financial
"pursuant to sell to cover transactions to satisfy tax withholding obligations"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Were the KMTS insider sales made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in the filing was not selected. Instead, a footnote states the transactions were nondiscretionary sell-to-cover sales required to meet tax withholding obligations related to the vesting of restricted stock units.