RANDLE STUART A 4
Research Summary
AI-generated summary
Teleflex (TFX) Director Stuart A. Randle Receives Awards; 4,054 Shares Withheld
What Happened Stuart A. Randle, a director of Teleflex Inc. (TFX), had 4,054 shares withheld to satisfy tax withholding upon the vesting of a restricted stock unit (RSU) award on 2026-06-07 (4,054 shares × $129.84 = $526,371). On 2026-06-08 he was granted three awards: 995 RSUs, 4,663 RSUs, and a 2,192-share derivative award (stock option), all reported with a $0 acquisition price and subject to future vesting.
Key Details
- Transaction dates and amounts:
- 2026-06-07: 4,054 shares withheld (F) at $129.84 per share, total $526,371 (tax withholding on vested RSU).
- 2026-06-08: Grants (A) of 995 RSUs, 4,663 RSUs, and a 2,192-share derivative award (stock option) at $0.
- Shares owned after the transactions: not specified in the provided filing summary.
- Footnotes / vesting highlights:
- Withholding (F1) was to satisfy tax liability on RSU vesting.
- Some RSUs vest 100% on 5/15/2027 or earlier if the director does not stand for re-election at the 2027 annual meeting (F2, F4); one RSU award vests on the earlier of the one-year anniversary and the 2027 annual meeting (F3).
- The 2,192-share derivative is a stock option award with similar vesting terms (F4).
- Filing timeliness: Report covers period 2026-06-07 and was filed 2026-06-09 (timely).
Context The 4,054-share disposition was a tax-withholding event tied to RSU vesting (routine), not an open-market sale. The grants reported the next day are awards that vest in the future; they are not immediate purchases or exercises. For investors, purchases or open-market buys typically signal stronger near-term insider conviction than routine withholding or future-vesting awards.