Envista (NYSE: NVST) SVP Reis granted 2,919 notional EDIP stock units
Rhea-AI Filing Summary
Envista Holdings Corp executive Mischa Reis reported an annual deferred stock-based award through the company’s Executive Deferred Incentive Program (EDIP). On 02/01/2026, the EDIP Stock Fund credited 2,919 unfunded, notional shares of Envista common stock at a reference price of $21.71 per share, representing the company’s annual contribution.
The notional units convert into Envista common stock on a one-for-one basis and are 90% vested initially, with an additional 10% vesting each year on January 1 until Reis reaches 10 years of EDIP participation or retirement eligibility. Upon termination of employment, the EDIP Stock Fund balance is settled in Envista common shares. After this transaction, Reis beneficially owned 29,357 derivative securities tied to Envista stock under the EDIP.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Envista Stock Fund | 2,919 | $21.71 | $63K |
Footnotes (1)
- The notional shares convert on a one-for-one basis. All contributions to the reporting person's EDIP Stock Fund are 90% vested and will vest at 10% each subsequent year on 1/1 until he reaches 10 years of EDIP participation or retirement eligibility. Upon termination of employment, the EDIP Stock Fund balance is settled in shares of Envista common stock. Represents the Company's annual contribution to the Envista stock fund (the "EDIP Stock Fund") in the reporting person's Executive Deferred Incentive Program (the "EDIP") 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 trading day of the prior year.