Envista (NVST) director Huennekens receives 12,585 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huennekens R Scott reported acquisition or exercise transactions in this Form 4 filing.
Envista Holdings Corp director R. Scott Huennekens received an equity grant of 12,585 Restricted Stock Units (RSUs) for his board service. The RSUs were granted at no cash cost and will vest on the first anniversary of the grant date.
Each RSU will be settled in one share of Envista common stock upon vesting, increasing his equity-based compensation stake over time. After this grant, Huennekens directly holds 82,105 shares of Envista common stock, reflecting his ongoing alignment with shareholders through stock-based pay.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huennekens R Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,585 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 82,105 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 12,585 units
Grant price: $0.00 per share
Shares after grant: 82,105 shares
+2 more
5 metrics
RSUs granted
12,585 units
Annual equity grant of Restricted Stock Units for director service
Grant price
$0.00 per share
RSU grant recorded with no cash consideration
Shares after grant
82,105 shares
Common stock directly held by Huennekens following the RSU award
Vesting schedule
1-year vesting
RSUs vest on the first anniversary of the grant date
Conversion ratio
1 RSU : 1 share
RSUs payable in shares of common stock on a one-to-one basis
Key Terms
Restricted Stock Units ("RSUs"), annual equity grant, vest, one-to-one basis
4 terms
Restricted Stock Units ("RSUs") financial
"Consists of an annual equity grant of Restricted Stock Units ("RSUs") for the Reporting Person's service"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
annual equity grant financial
"Consists of an annual equity grant of Restricted Stock Units ("RSUs") for the Reporting Person's service"
vest financial
"The RSUs will vest on the first anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
one-to-one basis financial
"RSUs are payable in shares of common stock on a one-to-one basis."
FAQ
What did Envista (NVST) director R. Scott Huennekens report in this Form 4?
He reported receiving an annual equity grant of 12,585 Restricted Stock Units for his service as a director. These RSUs are a form of stock-based compensation and were granted at no cash cost, payable in common shares when they vest.
What are the vesting terms of the Envista (NVST) RSUs granted to Huennekens?
The 12,585 Restricted Stock Units vest on the first anniversary of the grant date. Once vested, each RSU is payable in one share of Envista common stock, turning this compensation into actual share ownership over time, subject to continued director service.
Was this Envista (NVST) Form 4 transaction an open-market stock purchase or sale?
No, it was not an open-market trade. The filing shows a grant of 12,585 Restricted Stock Units as compensation for board service, recorded at a transaction price of $0.00 per share, rather than a voluntary market buy or sale.
What does a code "A" transaction mean in the Envista (NVST) Form 4?
Transaction code “A” here represents a grant or award acquisition of securities. In this case, it reflects the issuance of 12,585 Restricted Stock Units to director R. Scott Huennekens as part of his equity compensation, not a cash purchase of shares.