Teleflex (NYSE: TFX) director receives RSUs and options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teleflex director Neena M. Patil reported equity awards made as part of her compensation. She received 1,090 shares of common stock and 2,397 stock options, both recorded at a grant price of $0.00 per share for reporting purposes.
The options have an exercise price of $129.71 and expire on May 15, 2036. Both the restricted stock unit and option awards vest 100% on the one-year anniversary of the May 15, 2026 grant date, with provisions for earlier vesting tied to the timing of the company’s 2027 annual meeting. Following the stock award, she holds 3,716 common shares directly and 2,397 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Patil Neena M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option / (Right to Buy) | 2,397 | $0.00 | -- |
| Grant/Award | Common Stock | 1,090 | $0.00 | -- |
Holdings After Transaction:
Stock Option / (Right to Buy) — 2,397 shares (Direct, null);
Common Stock — 3,716 shares (Direct, null)
Footnotes (1)
- Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan. Award vests 100% on the one-year anniversary of the grant date; provided, however, if the reporting person does not stand for re-election to the issuer's board of directors (the "Board") at the issuer's 2027 annual meeting of stockholders (the "2027 Annual Meeting"), the award will vest on the earlier of the one-year anniversary of the grant date and the date of the 2027 Annual Meeting, so long as such meeting is held at least 50 weeks after the issuer's 2026 annual meeting of stockholders (the "2026 Annual Meeting"). Stock Option Award vests 100% on the one-year anniversary of the grant date; provided, however, if the reporting person does not stand for re-election to the Board at the 2027 Annual Meeting, the award will vest on the earlier of the one-year anniversary of the grant date and the date of the 2027 Annual Meeting, so long as such meeting is held at least 50 weeks after the 2026 Annual Meeting.
Key Figures
RSU shares granted: 1,090 shares
Options granted: 2,397 options
Option exercise price: $129.71 per share
+3 more
6 metrics
RSU shares granted
1,090 shares
Common stock award on May 15, 2026
Options granted
2,397 options
Stock Option / Right to Buy on May 15, 2026
Option exercise price
$129.71 per share
Stock option grant exercise price
Common shares after grant
3,716 shares
Direct holdings following stock award
Options after grant
2,397 options
Total options reported following transaction
Option expiration
May 15, 2036
Expiration date of stock option award
Key Terms
Restricted Stock Unit Award, Teleflex Incorporated 2023 Stock Incentive Plan, Stock Option Award, annual meeting of stockholders, +1 more
5 terms
Restricted Stock Unit Award financial
"Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Teleflex Incorporated 2023 Stock Incentive Plan financial
"Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan."
Stock Option Award financial
"Stock Option Award vests 100% on the one-year anniversary of the grant date;"
annual meeting of stockholders financial
"the issuer's 2027 annual meeting of stockholders (the "2027 Annual Meeting")"
Board financial
"does not stand for re-election to the issuer's board of directors (the "Board")"
A board is a group of elected people who oversee a company’s direction and management, like a steering committee that hires and evaluates the CEO, approves major deals, and sets broad policies. Investors care because the board’s decisions and oversight shape strategy, risk, dividend and takeover decisions, and legal protections for shareholders—so a strong, independent board can increase the chances of steady returns and protect against mismanagement.
FAQ
What did Teleflex (TFX) director Neena M. Patil report on this Form 4?
Neena M. Patil reported compensation-related equity awards from Teleflex, not open-market trades. She received 1,090 shares of common stock and 2,397 stock options, reflecting routine director compensation rather than discretionary buying or selling in the market.
What stock options did Neena M. Patil receive from Teleflex (TFX)?
She was granted 2,397 Teleflex stock options with an exercise price of $129.71 per share. These options vest 100% after one year, with potential earlier vesting tied to the 2027 annual meeting, and they expire on May 15, 2036 if not exercised.
When do Neena M. Patil’s Teleflex (TFX) equity awards vest?
Both the restricted stock unit and stock option awards vest 100% on the one-year anniversary of the May 15, 2026 grant date. They may vest earlier if specific conditions related to the company’s 2027 annual meeting of stockholders are satisfied.
Is Neena M. Patil’s Teleflex (TFX) Form 4 a buy or sell signal for investors?
The Form 4 reflects equity awards granted as director compensation, not market purchases or sales. Such grants are routine and scheduled, so they typically carry less signaling value about Teleflex’s short-term share price or management’s trading views.