Monson Jonathan 4
4 · BOSTON SCIENTIFIC CORP · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Boston Scientific (BSX) CFO Jonathan Monson Exercises RSUs; Shares Withheld
What Happened
- Jonathan Monson, Executive Vice President and Chief Financial Officer of Boston Scientific (BSX), had restricted stock units (RSUs) vest/convert into 3,814 shares across Feb 13–16, 2026. The RSUs converted at $0 exercise price (code M).
- To satisfy tax withholding (code F), 1,698 shares were surrendered/withheld at a reported price of $74.73 per share, generating proceeds of $126,891. Net shares delivered to Monson after withholding: 2,116 (worth about $158,129 at $74.73/share).
- This was an RSU settlement with share withholding for taxes (routine compensation-related activity), not an open-market purchase or voluntary sale.
Key Details
- Transaction dates and prices:
- Feb 13, 2026: 1,766 RSUs converted; 788 shares withheld for taxes at $74.73 ($58,887).
- Feb 14, 2026: 1,058 RSUs converted; 470 shares withheld at $74.73 ($35,123).
- Feb 16, 2026: 990 RSUs converted; 440 shares withheld at $74.73 ($32,881).
- Total converted: 3,814 RSUs; total withheld: 1,698 shares; total withholding value: $126,891; net shares retained: 2,116.
- Footnotes: F1–F4 indicate these are restricted stock units (each unit = 1 share) that vest/are issued in four equal annual installments beginning on the dates listed for the respective grants.
- Shares owned after the transactions are not shown in the data provided here.
- Filing timeliness: Form filed 2026-02-18 for transactions beginning 2026-02-13. This appears later than the usual two-business-day Form 4 deadline (flagged as late), which reduces immediacy of disclosure.
Context
- These entries reflect conversion/settlement of RSUs and withholding of shares to cover tax obligations (a common, routine post-vesting action), not a market purchase or directional bet by the insider.
- Derivative code M denotes conversion/exercise of the award; code F denotes shares withheld/surrendered to cover tax withholding (functionally similar to a cashless sale of a portion of the vested award).
Insider Transaction Report
Form 4
Monson Jonathan
EVP and CFO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-13+1,766→ 37,636 total - Tax Payment
Common Stock
2026-02-13$74.73/sh−788$58,887→ 36,848 total - Exercise/Conversion
Common Stock
[F1]2026-02-14+1,058→ 37,906 total - Tax Payment
Common Stock
2026-02-14$74.73/sh−470$35,123→ 37,436 total - Exercise/Conversion
Common Stock
[F1]2026-02-16+990→ 38,426 total - Tax Payment
Common Stock
2026-02-16$74.73/sh−440$32,881→ 37,986 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-13−1,766→ 5,300 totalExp: 2029-02-13→ Common Stock (1,766 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-14−1,058→ 1,058 totalExp: 2027-02-14→ Common Stock (1,058 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-16−990→ 0 totalExp: 2026-02-16→ Common Stock (990 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the Company's commitment to issue one share of Boston Scientific common stock.
- [F2]Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 13, 2026, the first anniversary of the date of grant.
- [F3]Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 14, 2024, the first anniversary of the date of grant.
- [F4]Shares of common stock will be issued to the reporting person in four equal annual installments beginning on February 16, 2023, the first anniversary of the date of grant.
Signature
/s/ Susan Thompson, Attorney-in-Fact|2026-02-18