West Pharmaceutical (NYSE: WST) CFO converts RSUs, withholds tax shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
West Pharmaceutical Services SVP & CFO Robert W. McMahon reported equity award activity on February 11, 2026. He converted 4,230.525 restricted stock units into the same number of common shares at an exercise price of $0.
To cover tax obligations, 1,250.034 common shares were withheld at $246.16 per share, leaving 2,980.491 common shares held directly after the transaction. He also reported 8,462.052 restricted stock units remaining outstanding following these events.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,230.525 shares exercised/converted
Mixed
3 txns
Insider
McMahon Robert W.
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Rst. Stock Unit | 4,230.525 | $0.00 | -- |
| Exercise | Common Stock | 4,230.525 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,250.034 | $246.16 | $308K |
Holdings After Transaction:
Rst. Stock Unit — 8,462.052 shares (Direct);
Common Stock — 4,230.525 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. On August 11, 2025, the reporting person was granted 12,670 restricted stock units, vesting in three installments - 4,223 shares (plus dividend equivalents) to vest six months from the grant date, 6,335 shares (plus dividend equivalents) to vest 12 months from the grant date and 2,112 shares (plus dividend equivalents) to vest 24 months from the grant date.
FAQ
What insider transaction did WST CFO Robert McMahon report on February 11, 2026?
Robert McMahon reported converting 4,230.525 restricted stock units into common stock on February 11, 2026. These units converted one-for-one into shares, reflecting the scheduled vesting and exercise of previously granted equity compensation awards.
What derivative holdings did WST CFO Robert McMahon report after the transaction?
He reported holding 8,462.052 restricted stock units as derivative securities following the transaction. These units represent additional potential future common shares, as each restricted stock unit converts into one share of WST common stock upon vesting.
When were the restricted stock units in McMahon’s WST Form 4 originally granted and how do they vest?
The filing notes a grant of 12,670 restricted stock units on August 11, 2025. They vest in three installments: 4,223 units after six months, 6,335 after twelve months, and 2,112 after twenty-four months, each tranche including associated dividend equivalents.
What do the transaction codes M and F indicate in WST CFO Robert McMahon’s Form 4?
Code M indicates the exercise or conversion of a derivative security, here restricted stock units converting into common shares. Code F indicates shares disposed of to pay tax liabilities, showing that part of the new shares were withheld to cover withholding taxes.