Teleflex director granted RSUs and stock options
Teleflex Inc director Michael J. Tokich received new equity compensation consisting of both restricted stock units and stock options.
Rhea-AI Filing Summary
Teleflex Inc director Michael J. Tokich received new equity compensation consisting of both restricted stock units and stock options. He was granted 1,090 shares of common stock as a restricted stock unit award and options covering 4,793 shares at an exercise price of $129.71 per share.
Both awards vest 100% on the one-year anniversary of the May 15, 2026 grant date. Vesting can occur earlier if he does not stand for re-election at the company’s 2027 annual meeting, subject to timing conditions tied to the 2026 and 2027 annual stockholder meetings. After these grants, he directly holds 1,090 shares of common stock and 4,793 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 5,883 shares
Grant/Award
2 txns
Insider
TOKICH MICHAEL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option / (Right to Buy) | 4,793 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,090 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option / (Right to Buy) — 4,793 contracts (Direct);
Common Stock — 1,090 shares (Direct)
Footnotes (2)
- F1. 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").
- F2. 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
Restricted stock units granted: 1,090 shares
Stock options granted: 4,793 options
Option exercise price: $129.71 per share
+3 more
6 metrics
Restricted stock units granted
1,090 shares
Common Stock RSU award on May 15, 2026
Stock options granted
4,793 options
Right to buy Teleflex common stock
Option exercise price
$129.71 per share
Conversion or exercise price for 4,793 options
Option expiration date
May 15, 2036
Expiration of stock option award
Shares held after grant
1,090 shares
Total Teleflex common stock directly held following transaction
Options held after grant
4,793 options
Total stock options directly held following transaction
Key Terms
Restricted Stock Unit Award, Teleflex Incorporated 2023 Stock Incentive Plan, Stock Option Award, Annual Meeting
4 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;"
A stock option award is a grant that gives an employee the right to buy a company’s shares at a fixed price for a limited time, often becoming available gradually over a set schedule. Investors care because these awards align workers’ incentives with company performance, can increase employee loyalty, and may create future share dilution and compensation expense that affect earnings per share and shareholder value.
Annual Meeting financial
"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"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Teleflex (TFX) director Michael J. Tokich receive in this Form 4 filing?
Michael J. Tokich received equity compensation consisting of 1,090 restricted stock units and stock options for 4,793 Teleflex common shares. These awards are grants, not open-market purchases, and form part of his compensation as a director.
What is the exercise price and expiration date of Tokich’s Teleflex (TFX) stock options?
The stock option award covers 4,793 Teleflex common shares at an exercise price of $129.71 per share and expires on May 15, 2036. This gives the director a long-dated right to buy shares at that fixed price after vesting.
When do Michael J. Tokich’s Teleflex (TFX) restricted stock units vest?
The 1,090 restricted stock units vest 100% on the one-year anniversary of the May 15, 2026 grant date. Vesting can occur earlier if he does not stand for re-election at the 2027 annual meeting, subject to specific timing conditions.
What are the special vesting conditions tied to Teleflex (TFX) 2026 and 2027 annual meetings?
If Tokich does not stand for re-election at the 2027 annual meeting, both the restricted stock units and stock options vest on the earlier of the one-year grant anniversary and the 2027 meeting date, provided that meeting occurs at least 50 weeks after the 2026 meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
