West Pharmaceutical (WST) SVP converts RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
West Pharmaceutical Services senior vice president Rodolphe Jean Poussot reported equity compensation activity involving restricted stock units and common shares. He acquired 82.299 common shares through the exercise or conversion of restricted stock units, which convert into common stock on a one-for-one basis.
Following this conversion, 27.809 common shares were disposed of at 248.26 per share to cover tax obligations through a tax-withholding disposition, rather than an open-market sale. After these transactions, his direct common stock holdings totaled 307.398 shares, and he held 247.899 restricted stock units directly. A prior grant of 329 restricted stock units vests in four equal annual installments, including dividend equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
82.299 shares exercised/converted
Mixed
3 txns
Insider
Poussot Rodolphe Jean
Role
SVP, Strategy & Corporate Dev
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Rst. Stock Unit | 82.299 | $0.00 | -- |
| Exercise | Common Stock | 82.299 | $0.00 | -- |
| Tax Withholding | Common Stock | 27.809 | $248.26 | $7K |
Holdings After Transaction:
Rst. Stock Unit — 247.899 shares (Direct);
Common Stock — 335.207 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 329 restricted stock units, vesting in four equal annual installments (plus dividend equivalents).
FAQ
What insider transactions did West Pharmaceutical (WST) report for Rodolphe Jean Poussot?
Rodolphe Jean Poussot reported exercising 82.299 restricted stock units into common shares and a related tax-withholding disposition of 27.809 common shares at 248.26 per share. These transactions reflect equity compensation activity, not open-market buying or selling.
What are the terms of the restricted stock unit grant to the West Pharmaceutical (WST) executive?
He was granted 329 restricted stock units, vesting in four equal annual installments, plus dividend equivalents. Each restricted stock unit converts into one share of common stock upon vesting, aligning a portion of his compensation with West Pharmaceutical’s equity over several years.
What does transaction code F mean in this West Pharmaceutical (WST) Form 4?
Transaction code F indicates shares were used to pay exercise price or tax liabilities. In this case, 27.809 common shares were disposed of at 248.26 per share to satisfy tax obligations arising from the restricted stock unit conversion, not as an elective open-market sale.