BERRY PHILLIP BENJAMIN (BEN) 4
Research Summary
AI-generated summary
Enovis CFO Phillip Berry Receives RSUs; Shares Withheld
What Happened
- Phillip Benjamin Berry, Chief Financial Officer of Enovis Corp (ENOV), was granted 47,974 restricted stock units (RSUs) on 2026-03-09 (reported as an acquisition, code A).
- Separately, 3,167 shares were withheld on 2026-03-07 at a reported price of $24.51/share to satisfy tax withholding obligations, a reported disposition valued at $77,623 (code F). The filer’s footnote clarifies the withholding does not represent a sale by the reporting person.
Key Details
- Transaction dates and prices:
- 2026-03-07: 3,167 shares withheld at $24.51 each; total value reported $77,623 (tax withholding; code F).
- 2026-03-09: 47,974 RSUs granted at $0.00 reported value (award; code A).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 — withheld shares satisfy tax withholding and are not a sale by the reporting person. F2 — the RSU award vests in three equal annual installments beginning on the first anniversary of the grant.
- Filing: Report filed 2026-03-10 covering transactions on 2026-03-07 and 2026-03-09; filing appears timely.
Context
- The RSU grant is an award (not an open-market purchase) and vests over three years, so it represents future compensation rather than an immediate purchase of stock.
- The withheld shares reflect tax remittance in connection with net settlement of RSUs and should not be interpreted as an insider selling stock to realize cash proceeds.