WEST PHARMACEUTICAL SERVICES INC·4

Feb 19, 7:00 PM ET

Green Eric Mark 4

4 · WEST PHARMACEUTICAL SERVICES INC · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

WST CEO Eric Green Receives Award and Sells Shares for Taxes

What Happened

  • Eric Mark Green, President, CEO and Board Chair of West Pharmaceutical Services (WST), received vested performance/restricted stock and completed related conversions/exercises on Feb 17–18, 2026. He was credited with 4,418.771 shares (PSU award/vesting) on Feb 17 and 1,318.81 shares on Feb 18 from a conversion/exercise, for ~5,737.58 shares acquired in total.
  • To cover withholding/tax obligations, 1,305.382 shares were disposed on Feb 17 at $243.19 for $317,456 and 573.551 shares were disposed on Feb 18 at $248.26 for $142,390 — combined tax withholding sales of 1,878.933 shares totaling about $459,846.
  • The filing also lists a derivative-related line showing a 1,318.81-share conversion/disposition (reported at $0), consistent with a conversion/exercise event and internal reporting of share transfers.

Key Details

  • Transaction types: A = Award/vesting (PSUs/RSUs), M = exercise/conversion of derivative, F = shares withheld/sold to pay tax liability.
  • Dates/prices/values: 2/17/2026 A: 4,418.771 shares @ $0; 2/17/2026 F: 1,305.382 shares @ $243.19 = $317,456; 2/18/2026 M: 1,318.81 shares acquired; 2/18/2026 F: 573.551 shares @ $248.26 = $142,390; derivative disposition 1,318.81 shares reported at $0.
  • Shares withheld/sold for taxes: 1,878.933 shares, ≈ $459,846 in gross proceeds to satisfy tax/withholding obligations.
  • Shares owned after transaction: not disclosed in the filing.
  • Footnotes: F1 = PSUs vested (2023–2025 performance period) and paid on the transaction date; F2 = RSUs convert 1:1 to common stock; F3 = prior 2025 RSU grant vests in installments.
  • Filing timeliness: Form 4 filed Feb 19, 2026 for transactions on Feb 17–18 — within the standard 2-business-day reporting window (timely).

Context

  • This appears to be routine insider equity compensation activity: PSUs and/or RSUs vested/converted and a portion of shares was withheld/sold to cover tax obligations (a common cashless-withholding approach). Such withholding/sales are administrative and do not necessarily indicate a buy/sell signal about the company.
  • The derivative entries labeled M indicate conversion/exercise of awards; the simultaneous withholding/dispositions are consistent with using shares to satisfy tax/option costs rather than open-market sales.

Insider Transaction Report

Form 4
Period: 2026-02-17
Green Eric Mark
DirectorPresident, CEO and Board Chair
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-17+4,418.771174,199.991 total
  • Tax Payment

    Common Stock

    2026-02-17$243.19/sh1,305.382$317,456172,894.609 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-02-18+1,318.81175,734.21 total
  • Tax Payment

    Common Stock

    2026-02-18$248.26/sh573.551$142,390175,160.659 total
  • Exercise/Conversion

    Rst. Stock Unit

    [F2][F3]
    2026-02-181,318.813,956.409 total
    Common Stock (1,318.81 underlying)
Holdings
  • Common Stock

    (indirect: Non-Qualified Deferred Compensation Plan)
    257.375
Footnotes (3)
  • [F1]These shares result from performance stock units (PSUs) which vested at the end of the respective 2023-2025 PSU performance period and were payable on the transaction date shown.
  • [F2]Restricted stock units convert into common stock on a one-for-one basis.
  • [F3]On February 18, 2025, the reporting person was granted 5,256 restricted stock units, vesting in four equal annual installments (plus dividend equivalents).
Signature
/s/ Louis Lalli, as an agent for Eric Green|2026-02-19

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT