Stevanato Group (STVN) director granted shares, sells portion to cover taxes
Rhea-AI Filing Summary
Stevanato Group S.p.A. director Karen Flynn reported a grant and related share sale. She received 4,975 Ordinary Shares as equity compensation for her service as a director, at a recorded price of $0.0000 per share. She then sold 1,493 Ordinary Shares at $17.09 per share to cover tax obligations associated with this grant. After these transactions, she directly holds 5,757 Ordinary Shares.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant with partial sale for taxes.
Karen Flynn, a director of Stevanato Group S.p.A., received 4,975 Ordinary Shares as equity compensation for board service. This is a non-cash award, recorded at a transaction price of $0.0000 per share, and reflects standard director pay in stock.
She sold 1,493 Ordinary Shares at $17.09 per share. A footnote clarifies these shares were sold specifically to cover tax obligations tied to the grant, so this disposition is mechanistic rather than a discretionary sale. Afterward, she holds 5,757 Ordinary Shares directly, indicating she retained most of the awarded shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,493 | $17.09 | $26K |
| Grant/Award | Ordinary Shares | 4,975 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents ordinary shares granted as equity compensation in connection with the Reporting Person's service as director.
- F2. Represents ordinary shares sold by the Reporting Person to cover tax obligations associated with the grant of ordinary shares.
Key Figures
Key Terms
equity compensation financial
grant, award, or other acquisition financial
Sale in open market or private transaction financial
tax obligations financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.