Teleflex (NYSE: TFX) counsel awarded stock, small tax share withholding
Rhea-AI Filing Summary
Teleflex executive Daniel V. Logue, CVP, General Counsel & Secretary, reported a mix of equity grants and a tax-related share withholding. On March 3, 2026, he received a stock option award for 21,510 shares at $0.00 per share and two common stock awards of 3,262 and 6,591 shares under the Teleflex Incorporated 2023 Stock Incentive Plan. The footnotes state these restricted stock unit and option awards vest in stages between March 3, 2027 and March 3, 2030, subject to his continuous service.
On March 4, 2026, 131 common shares were disposed of at $119.18 per share to satisfy tax liabilities upon vesting of a restricted stock unit award, described as shares withheld rather than an open-market sale. After these transactions, he directly holds 24,652.888 common shares, and an additional 305.683 shares are held indirectly by a 401(k) trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 131 | $119.18 | $16K |
| Grant/Award | Stock Option / (Right to Buy) | 21,510 | $0.00 | -- |
| Grant/Award | Common Stock | 3,262 | $0.00 | -- |
| Grant/Award | Common Stock | 6,591 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan. 25% of the shares underlying the award will vest on each of 3/3/27, 3/3/28, 3/3/29 and 3/3/30, subject to Reporting Person's continuous service to the Issuer through each such vesting date. Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan. 50% of the shares underlying the award will vest on each of 3/3/2027 and 9/3/2027, subject to Reporting Person's continuous service to the Issuer through each such vesting date. Shares withheld to satisfy tax liability upon vesting of restricted stock unit award. One third of the shares underlying the stock option will vest on each of 3/3/2027, 3/3/2028 and 3/3/2029, subject to Reporting Person's continuous service to the Issuer through each such vesting date.