Tax withholding on Teleflex (NYSE: TFX) shares reported for executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teleflex Inc. executive Daniel V. Logue reported a tax-related share disposition. On the vesting of restricted and performance stock units, 484 shares of common stock were withheld to satisfy tax liabilities at a price of $122.06 per share. After this withholding, he holds 14,930.888 shares directly and 305.683 shares indirectly through a 401(k) trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Logue Daniel V.
Role
CVP, General Counsel & Secty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 484 | $122.06 | $59K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,930.888 shares (Direct);
Common Stock — 305.683 shares (Indirect, By 401(k) Trustee)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Teleflex (TFX) report for Daniel V. Logue?
Teleflex reported that Daniel V. Logue had 484 common shares withheld to cover taxes upon vesting of restricted and performance stock unit awards. This tax-withholding disposition is coded as an F transaction on the Form 4, not an open-market trade.
Was the Teleflex (TFX) insider transaction a sale on the open market?
No, the transaction was a tax-withholding disposition, not an open-market sale. 484 Teleflex common shares were withheld to satisfy tax liabilities triggered by the vesting of restricted and performance stock unit awards, as indicated by transaction code F and the related footnote.
What does transaction code F mean in the Teleflex (TFX) Form 4 filing?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this Teleflex filing, 484 shares were withheld specifically to satisfy tax obligations arising from the vesting of restricted and performance stock unit awards held by Daniel V. Logue.
How is indirect ownership reported for Teleflex (TFX) in this Form 4?
Indirect ownership is reported through a 401(k) trustee holding 305.683 Teleflex common shares. The filing labels this position as indirect with the nature of ownership described as “By 401(k) Trustee,” distinguishing it from shares that Daniel V. Logue holds directly.