West Pharmaceutical (WST) CFO converts RSUs, withholds shares for taxes
Rhea-AI Filing Summary
WEST PHARMACEUTICAL SERVICES INC SVP & Chief Financial Officer Robert W. McMahon reported vesting and settlement of restricted stock units on August 11, 2026. He exercised or converted RSUs into 7,149.205 shares of common stock, and 3,109.19 shares of common stock were delivered or withheld at $351.37 per share for payment of exercise price or tax liability. The remaining common shares from these RSU conversions were retained as direct holdings. The Rule 10b5-1 trading plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,040.015 shares
Net Buy
6 txns
Insider
McMahon Robert W.
Role
SVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Rst. Stock Unit F1, F2 | 6,354.736 | $0.00 | $0.00 |
| Exercise | Rst. Stock Unit F1, F3 | 794.469 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 794.469 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 345.515 | $351.37 | $121K |
| Exercise | Common Stock F1 | 6,354.736 | -- | -- |
| Exercise Price or Tax Liability | Common Stock | 2,763.675 | $351.37 | $971K |
Holdings After Transaction:
Rst. Stock Unit — 4,501.979 shares (Direct);
Common Stock — 7,020.506 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of WST common stock.
- F2. 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.
- F3. This award vests in four equal annual installments beginning on August 11, 2026.
Key Figures
RSU shares converted: 7,149.205 shares
Shares withheld for taxes/exercise: 3,109.19 shares
Withholding price per share: $351.37 per share
+3 more
6 metrics
RSU shares converted
7,149.205 shares
Total underlying common stock from RSU exercises/conversions on August 11, 2026
Shares withheld for taxes/exercise
3,109.19 shares
Code F deliveries/withholdings to pay exercise price or tax liability
Withholding price per share
$351.37 per share
Price applied to common shares delivered or withheld in Code F transactions
First RSU batch converted
6,354.736 shares
Underlying common stock from one RSU transaction labeled as disposed derivative
Second RSU batch converted
794.469 shares
Underlying common stock from second RSU transaction labeled as disposed derivative
Prior RSU grant size
12,670 restricted stock units
Grant on August 11, 2025 with specified multi-installment vesting schedule
Key Terms
restricted stock unit, derivative security, Code F, Rule 10b5-1
4 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Code F financial
"Payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan checkbox was not selected"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did WST executive Robert W. McMahon report in this Form 4?
Robert W. McMahon reported vesting and conversion of restricted stock units into common stock and related share withholding for exercise price or tax liability on August 11, 2026, reflecting routine equity compensation settlement activity.
How many restricted stock units did the WST CFO convert to common stock?
The WST CFO exercised or converted restricted stock units into 7,149.205 shares of common stock. This reflects derivative transactions in which RSUs, each representing a right to one share, were settled into directly held common shares.
Were any of the WST CFO’s transactions under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox was not checked, and no footnote indicates a Rule 10b5-1 plan. The reported RSU conversions and share withholdings therefore are not represented as occurring under a pre-arranged trading plan.
What do the restricted stock unit footnotes indicate in the WST Form 4?
The footnotes state that each restricted stock unit equals one share of WST common stock and describe grant and vesting schedules, including prior grants of 12,670 RSUs vesting in scheduled installments and another award vesting in four annual installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
