Teleflex (NYSE: TFX) interim CEO uses 289 shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teleflex interim President and CEO Stuart A. Randle reported a routine tax-related share disposition. On the vesting of a restricted stock unit award, 289 shares of Common Stock were withheld at $133.06 per share to cover tax liabilities, leaving him with 19,583 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RANDLE STUART A
Role
Interim President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 289 | $133.06 | $38K |
Holdings After Transaction:
Common Stock — 19,583 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 289 shares
Tax withholding price: $133.06 per share
Shares held after transaction: 19,583 shares
+2 more
5 metrics
Shares withheld for taxes
289 shares
Withheld upon RSU vesting to satisfy tax liability
Tax withholding price
$133.06 per share
Value used for 289 withheld shares
Shares held after transaction
19,583 shares
Direct Teleflex Common Stock holdings after withholding
Tax-withholding transactions
1 event
Form 4 shows one tax-withholding disposition
Tax-withholding shares (summary)
289 shares
TransactionSummary taxWithholdingShares
Key Terms
restricted stock unit award, tax-withholding disposition, Common Stock, Form 4
4 terms
restricted stock unit award financial
"Shares withheld to satisfy tax liability upon vesting of restricted stock unit award."
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 289 shares of Common Stock."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: Common Stock involved in the tax-withholding transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The insider transaction is reported on Form 4 for Teleflex Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Teleflex (TFX) report for Stuart A. Randle?
Teleflex reported that interim President and CEO Stuart A. Randle had 289 shares of Common Stock withheld to cover taxes upon vesting of a restricted stock unit award, a routine compensation-related transaction rather than an open-market trade.
What does the Form 4 tax-withholding transaction mean for Teleflex (TFX) investors?
The transaction reflects a standard tax-withholding event on RSU vesting, not a discretionary buy or sell decision. Such events are common in equity compensation programs and typically do not signal a change in management’s outlook on the company.