PASSERINI FILIPPO 4
Research Summary
AI-generated summary
Integer Holdings (ITGR) Director Filippo Passerini Receives RSU Award
What Happened
- Filippo Passerini, a director of Integer Holdings Corp (ITGR), received a grant of 1,967 restricted stock units (RSUs) on May 20, 2026. The award was reported on a Form 4 filed May 22, 2026. The acquisition price is shown as $0.00 because RSUs are compensation awards rather than an open-market purchase.
Key Details
- Transaction date: May 20, 2026; Filing date (Form 4): May 22, 2026 (appears timely).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 1,967 RSUs; reported acquisition price: $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: RSUs convert to common stock one-for-one and vest in approximately equal installments on Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; and May 18, 2027.
- No 10b5-1 plan, tax-withholding, or late-filing flag disclosed in the provided details.
Context
- RSU grants are a form of compensation that convert to company shares as they vest; they are common for directors and executives and do not represent an immediate open-market purchase or sale. Because vesting is staggered, the economic exposure depends on future vesting and any subsequent sales.