ROSS TERRY D 4
4 · Enovis CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Enovis (ENOV) Group President Terry D. Ross Receives RSU Award
What Happened
Terry D. Ross, Group President, received a grant of 36,247 restricted stock units (RSUs) on 2026-03-09 (reported as an acquisition, code A). Two days earlier, on 2026-03-07, 2,376 shares were withheld at $24.51 per share to satisfy tax withholding obligations related to a net settlement, producing proceeds/withholding of $58,236 (reported under code F). The RSU grant has no immediate cash value on grant (price $0).
Key Details
- Transaction dates and prices:
- 2026-03-07: 2,376 shares withheld at $24.51/share for tax withholding (code F) — $58,236.
- 2026-03-09: Grant of 36,247 RSUs (code A) — $0 listed on grant.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: Withheld shares represent company withholding to satisfy tax obligations — not a market sale by the reporting person.
- F2: The RSU award vests in three equal annual installments beginning on the first anniversary of the grant.
- Filing timing: Form 4 filed 2026-03-10 reporting transactions on 2026-03-07 and 2026-03-09; the filing appears to be within the usual reporting window.
Context
RSU grants are a common form of executive compensation and vest over time (here, three annual installments), so they do not represent an immediate purchase of stock. The withheld shares were used to meet tax obligations (a net settlement), which the filing explicitly notes is not a sale by the insider. For investors, newly granted RSUs show continued compensation alignment but do not by themselves signal immediate insider buying intent.
Insider Transaction Report
- Tax Payment
Common stock, par value $0.001
[F1]2026-03-07$24.51/sh−2,376$58,236→ 32,230 total - Award
Common stock, par value $0.001
[F2]2026-03-09+36,247→ 68,477 total
Footnotes (2)
- [F1]Represents shares that have been withheld by the Company to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the reporting person.
- [F2]This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date.