Envista (NYSE: NVST) director granted 9,330 RSUs vesting in 1 year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pierce James Andrew reported acquisition or exercise transactions in this Form 4 filing.
Envista Holdings Corp director James Andrew Pierce received a grant of 9,330 Restricted Stock Units for his board service. These RSUs vest on the first anniversary of the grant date and are payable in Envista common stock on a one-to-one basis, bringing his direct holdings to 18,485 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pierce James Andrew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,330 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,485 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 9,330 shares
Grant price per share: $0.0000 per share
Holdings after grant: 18,485 shares
+1 more
4 metrics
RSU grant size
9,330 shares
Annual equity grant of Restricted Stock Units for director service
Grant price per share
$0.0000 per share
Non-cash equity award; no purchase price paid for RSUs
Holdings after grant
18,485 shares
Total Envista common stock directly held after the RSU award
Vesting schedule
First anniversary of grant date
RSUs vest in full one year after the grant date
Key Terms
Restricted Stock Units, RSUs, grant date
3 terms
Restricted Stock Units financial
"Consists of an annual equity grant of Restricted Stock Units ("RSUs") for the Reporting Person's service as a director"
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.
RSUs financial
"The RSUs will vest on the first anniversary of the grant date."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
grant date financial
"The RSUs will vest on the first anniversary of the grant date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What did Envista (NVST) director James Andrew Pierce receive in this Form 4 filing?
James Andrew Pierce received a grant of 9,330 Restricted Stock Units as compensation for his service as a director. These RSUs represent the right to receive Envista common shares in the future, subject to vesting conditions described in the filing.
How do the 9,330 RSUs granted to Envista (NVST) director vest?
The 9,330 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, aligning the director’s compensation with long-term shareholder value creation over that period.
Was the Envista (NVST) director’s 9,330-unit award an open-market stock purchase?
No, the 9,330 units are a grant of Restricted Stock Units, not an open-market stock purchase. The Form 4 describes them as an equity award for board service, with no cash price per share and a vesting schedule tied to the grant date.
What does the one-to-one RSU to common stock ratio mean for Envista (NVST)?
A one-to-one ratio means each Restricted Stock Unit converts into one share of Envista common stock when vested. For this grant, 9,330 RSUs can ultimately become 9,330 common shares, subject to the director satisfying the vesting condition over the year.