Teleflex (TFX) CFO uses 231 shares to cover tax on stock awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teleflex Inc. Executive Vice President & CFO John Deren reported a tax-related share disposition. On the vesting of restricted and performance stock units, 231 shares of common stock were withheld at $122.06 per share to satisfy tax liabilities, leaving him with 4,518 directly held shares and 4.377 shares held indirectly through a 401(k) trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Deren John
Role
Executive Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 231 | $122.06 | $28K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,518 shares (Direct);
Common Stock — 4.377 shares (Indirect, By 401(k) Trustee)
Footnotes (1)
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FAQ
What insider transaction did Teleflex (TFX) CFO John Deren report?
Teleflex CFO John Deren reported a tax-related disposition of 231 common shares. These shares were withheld upon vesting of restricted and performance stock units to cover tax liabilities, rather than being sold in an open-market transaction.
Was the Teleflex (TFX) CFO’s Form 4 a market sale or tax withholding?
The Form 4 reflects tax withholding, not an open-market sale. Shares were withheld upon vesting of restricted and performance stock units to pay tax liabilities, a common administrative mechanism for settling equity award-related taxes.