McDonald Damien 4

What Happened
Damien McDonald, CEO of Enovis Corp (ENOV), had 12,634 shares withheld by the company on May 12, 2026 to satisfy tax withholding obligations related to a net settlement of restricted stock units (RSUs). The withheld shares were valued at $25.99 each, for a total value of approximately $328,358. This transaction is recorded under code F (tax withholding) and does not represent an open-market sale by McDonald.

Key Details

• Transaction date: 2026-05-12; price per share: $25.99; total value of withheld shares: ~$328,358.
• Transaction type: Code F — shares withheld to satisfy tax withholding on net-settled RSUs.
• Footnote: The shares were withheld by the company to remit taxes and "does not represent a sale by the reporting person."
• Filing date: 2026-05-14 (filed within the standard Section 16 reporting window; not indicated as late).
• Shares owned after transaction: Not disclosed in this filing.

Context
Tax-withholding or net-settlement transactions are routine when RSUs vest and do not necessarily indicate insider buying or selling sentiment. Because the company withheld shares to cover taxes rather than the insider selling shares on the open market, this should be viewed as an administrative transaction tied to compensation rather than a market-direction signal.