Mahoney Michael F 4
Research Summary
AI-generated summary
Boston Scientific CEO Michael Mahoney Gifts 386,755 Shares
What Happened
- Michael F. Mahoney, Chairman, President & CEO and a director of Boston Scientific (BSX), reported a gift of 386,755 shares on May 28, 2026. The transaction is reported as a gift (code G) with a reported price of $0.00 and total reported value of $0. The shares were disposed to The Michael F. Mahoney Term Irrevocable Trust – 2026, administered by an independent trustee.
Key Details
- Transaction date: 2026-05-28
- Transaction type: Gift (code G)
- Shares transferred: 386,755
- Reported price/value: $0.00 / $0
- Recipient: The Michael F. Mahoney Term Irrevocable Trust – 2026 (administered by an independent trustee) — per footnote
- Filing: Form 4 filed 2026-06-01 (appears timely based on the two-business-day rule)
- Shares owned after transaction: Not specified in the provided filing
Context
- Gifts are transfers for estate/financial planning and do not necessarily reflect buy/sell sentiment about the company’s stock. The use of an independent trustee for the irrevocable trust suggests the transfer was for estate or trust planning rather than an immediate market sale.