STAA CFO Deborah Andrews Receives RSUs, Withholds Shares

What Happened

• Deborah J. Andrews, Chief Financial Officer of STAAR Surgical (STAA), had restricted stock units (RSUs) convert into 34,742 shares across two vesting events (13,955 on 2026-06-25 and 20,787 on 2026-07-31). To cover tax withholding, 6,480 shares (valued at $31.21 each, $202,241) and 10,576 shares (valued at $24.36 each, $257,631) were surrendered, leaving a net 17,686 shares retained by Andrews. The conversions show a $0.00 exercise price, consistent with RSU vesting that converts one-for-one into common stock.

Key Details

• Transaction dates: 2026-06-25 (13,955 shares vested; 6,480 withheld at $31.21) and 2026-07-31 (20,787 shares vested; 10,576 withheld at $24.36).
• Withheld shares total: 17,056; withholding value total: $459,872.
• Net shares retained after withholding: 17,686 (34,742 vested − 17,056 withheld).
• Footnotes: June 25, 2025 grant vests 1/3 on June 25, 2026 (and later tranches in 2027–28). Feb 2, 2026 grant vested on July 31, 2026. RSUs convert one-for-one into common stock.
• Filing: Report filed 2026-08-04 for transactions on 2026-06-25 and 2026-07-31 — the Form 4 appears late relative to the transaction dates (Form 4s are generally due within two business days).

Context

• These were RSU vestings, not open-market purchases or sales for investment purposes. The shares labeled with code "M" reflect conversion/exercise of a derivative (RSU conversion), and code "F" reflects shares surrendered to satisfy tax withholding — a routine administrative step. Such tax-withholding sales are common and do not necessarily signal a view on the company’s prospects.