Tax withholding trims Teleflex (NYSE: TFX) VP Winters’ holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teleflex Inc. corporate vice president of manufacturing and supply James Winters reported a Form 4 showing a tax-withholding disposition of 661 shares of common stock at $122.06 per share. The shares were withheld to satisfy tax liabilities on vested restricted and performance stock units, and Winters now directly holds 5,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winters James
Role
Corp VP, Mfg and Supply
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 661 | $122.06 | $81K |
Holdings After Transaction:
Common Stock — 5,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Teleflex (TFX) executive James Winters report?
Teleflex executive James Winters reported a tax-withholding disposition of shares. The company withheld vested stock to cover his tax liability rather than an open-market sale, reflecting routine administration of equity compensation awards rather than a discretionary trading decision by the executive.
Was James Winters’ Teleflex (TFX) Form 4 transaction an open-market sale?
The transaction was not an open-market sale; it was a tax-withholding event. Teleflex withheld 661 vested shares to satisfy Winters’ tax liability, a common mechanism for handling taxes on restricted and performance stock unit vesting for corporate executives.
What role does James Winters hold at Teleflex (TFX) in this Form 4 filing?
James Winters is identified as Teleflex’s corporate vice president of manufacturing and supply. His role is disclosed in the Form 4, which reports equity-related activity in his Teleflex holdings, specifically the tax-withholding disposition tied to vested restricted and performance stock unit awards.