NVST Form 4: CFO Hammes Reports 7,654-Share Disposition via RSU Withholding
Rhea-AI Filing Summary
Envista Holdings Corp (NVST) insider sale disclosure: Chief Financial Officer Eric D. Hammes reported the disposition of 7,654 shares of Envista common stock on 08/25/2025 at a reported price of $21.12 per share. After the transaction, Hammes beneficially owned 96,788 shares. The filing explains these shares were withheld to satisfy tax-withholding obligations related to the vesting of stock-settled Restricted Stock Units, indicating the transaction was not an open-market sale but a net settlement of equity awards. The Form 4 was signed by a power of attorney on 08/27/2025.
Positive
- Transparency: The reporting person disclosed the transaction promptly via Form 4, including the reason as tax withholding for vested RSUs.
- No open-market sale indicated: The disposition resulted from net settlement of equity awards, which typically has limited signaling about insider sentiment.
Negative
- Reduction in insider holdings: 7,654 shares were disposed of, lowering the reporting person’s direct holdings to 96,788 shares.
Insights
TL;DR: CFO reported a net-settlement of vested RSUs resulting in 7,654 shares withheld for taxes, leaving 96,788 shares beneficially owned.
The Form 4 discloses a routine equity-award tax withholding transaction rather than a discretionary open-market sale. Withholding upon RSU vesting reduces the insider's outstanding share count but does not indicate directional trading intent. The reported price of $21.12 provides a reference point for tax withholding valuation. For investors, this is a standard compensation-related transaction with limited informational content regarding company performance or strategy.
TL;DR: Transaction appears procedural: shares withheld to satisfy tax obligations from RSU vesting; no governance or control change disclosed.
The filing specifies the nature of indirect beneficial ownership as tax withholding for stock-settled RSUs, which is a common post-vesting administrative action. The remaining beneficial ownership of 96,788 shares should be monitored for future Form 4s if discretionary sales or additional grants occur, but this single entry does not signal governance shifts or material dilution beyond normal employee compensation mechanics.