Jain Vivek 4
Research Summary
AI-generated summary
Envista (NVST) Director Vivek Jain Receives 9,330 RSUs
What Happened
- Vivek Jain, a director of Envista Holdings Corp (NVST), received a grant of 9,330 restricted stock units (RSUs) on 2026-05-19. The grant price reported is $0.00 (an award, not an open-market purchase or sale).
- The RSUs will convert to common shares on a one-for-one basis and vest on the first anniversary of the grant date, per the filing.
Key Details
- Transaction date: 2026-05-19; Transaction type/code: Award/Grant (A); Grant price: $0.00.
- Number of RSUs granted: 9,330.
- Shares owned after the transaction: not specified in the filing.
- Footnote: This consists of an annual equity grant of RSUs for the Reporting Person’s service as a director; RSUs vest one year after grant and are payable in common stock on a one-to-one basis.
- Filing: Form 4 filed 2026-05-21 (appears to be filed within the standard two-business-day window).
Context
- RSU awards are common forms of director compensation and are different from open-market buys or sales; they do not necessarily signal a buying decision by the insider.
- The RSUs will become actual shares at vesting (subject to any withholding or other plan terms), at which point they typically have taxable value based on the market price.