Envista (NVST) Diagnostics president receives 998 notional stock units in ECP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Envista Holdings Corp. President, Diagnostics Robert Befidi reported an automatic award of 998 notional shares linked to Envista stock on February 1, 2026. These units were credited to his Envista deferred contribution program at a reference price of $23.47 per share and convert one-for-one into common stock under the plan terms.
After this company contribution, Befidi holds 2,149 notional shares in the Envista stock fund within the Excess Contribution Program. The award consists of unfunded, notional units that reflect matching or non‑elective contributions, which vest over time based on service and anniversary dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Befidi Robert
Role
President, Diagnostics
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Envista deferred contribution programs - Envista Stock Fund | 998 | $23.47 | $23K |
Holdings After Transaction:
Envista deferred contribution programs - Envista Stock Fund — 2,149 shares (Direct)
Footnotes (1)
- The notional shares convert on a one-for-one basis. Company contributions to the Excess Contribution Program ("ECP") consist of matching contributions (based on amounts the reporting person voluntary defers into the Envista Deferred Compensation Plan) and/or non-elective contributions. A participant vests in the matching contribution in the ECP made each year on the first anniversary after it is credited to the participant's account. A participant vests in the non-elective contribution in the ECP made each year on the later of the first anniversary after it is credited to the participant's account, or the date the participant has completed three years of service with Envista. Represents the Company's annual contribution to the Envista stock fund (the "ECP Stock Fund") in the reporting person's ECP account. The Company contributions are deemed to be invested in a number of unfunded, notional shares of Envista common stock, calculated by dividing the contribution amount by the closing price of Envista common stock as reported on the NYSE as of the last day in January of the year in which the contribution is made. Consists of unfunded, notional shares of Envista common stock in the Envista stock fund of the reporting person's ECP account.
FAQ
What insider transaction did Envista (NVST) report for Robert Befidi?
Envista reported that President, Diagnostics Robert Befidi received 998 notional shares tied to Envista common stock through the company’s deferred contribution program. These were credited on February 1, 2026 as part of the Excess Contribution Program’s Envista stock fund.
What is Envista’s Excess Contribution Program (ECP) described in the Form 4?
Envista’s Excess Contribution Program provides company matching and non‑elective contributions tied to amounts executives defer into the Envista Deferred Compensation Plan. Contributions can be allocated to an Envista stock fund, creating unfunded, notional share units that vest over time based on service and anniversary conditions.
How do vesting rules work for Envista (NVST) ECP contributions reported for Robert Befidi?
Matching contributions in the Excess Contribution Program vest on the first anniversary after being credited to a participant’s account. Non‑elective contributions vest on the later of that first anniversary or completion of three years of service with Envista, according to the disclosure.