West Pharmaceutical (NYSE: WST) officer converts RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
West Pharmaceutical Services VP and Chief Accounting Officer Chad Winters exercised restricted stock units into common stock and had shares withheld to cover taxes. On February 20, 2026, he converted 89.328 restricted stock units into the same number of common shares at $0.00 per share, increasing his direct common stock holdings to 1,552.994 shares. On the same date, 30.184 common shares were disposed of at $241.12 per share in a tax-withholding transaction, leaving him with 1,522.810 common shares directly owned. Footnotes state these restricted stock units convert to common stock on a one-for-one basis and relate to a prior grant that vests in four equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
89.328 shares exercised/converted
Mixed
3 txns
Insider
Winters Chad
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Rst. Stock Unit | 89.328 | $0.00 | -- |
| Exercise | Common Stock | 89.328 | $0.00 | -- |
| Tax Withholding | Common Stock | 30.184 | $241.12 | $7K |
Holdings After Transaction:
Rst. Stock Unit — 267.972 shares (Direct);
Common Stock — 1,552.994 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On February 18, 2025, the reporting person was granted 356 restricted stock units, vesting in four equal annual installments (plus dividend equivalents) on February 20th each year.
FAQ
What insider transactions did WST executive Chad Winters report on this Form 4?
Chad Winters reported exercising 89.328 restricted stock units into common stock and a disposition of 30.184 common shares for tax withholding, all dated February 20, 2026, reflecting routine equity compensation activity.
What restricted stock unit activity did WST disclose for Chad Winters?
Winters converted 89.328 restricted stock units into an equal number of common shares. Footnotes explain restricted stock units convert to common stock on a one-for-one basis, tied to a prior grant that vests annually over four years.
What does the prior restricted stock unit grant to WST executive Chad Winters involve?
A prior grant awarded 356 restricted stock units on February 18, 2025, vesting in four equal annual installments on February 20 each year, with dividend equivalents. As units vest, they convert one-for-one into West Pharmaceutical common stock.