Integer Holdings Corp·4

May 22, 4:52 PM ET

Hinrichs James F. 4

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Integer (ITGR) Director James Hinrichs Receives RSU Award

What Happened James F. Hinrichs, a director of Integer Holdings Corp (ITGR), received a grant of 1,967 restricted stock units (RSUs) on May 20, 2026. The Form 4 records this as a derivative award (transaction code A) at $0.00 per share (the instrument is an RSU, not an open‑market purchase). The RSUs convert into common stock on a one‑for‑one basis but Hinrichs has elected to defer settlement of the underlying shares until he leaves the board or a change in control occurs.

Key Details

  • Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely).
  • Award: 1,967 RSUs; reported price: $0.00 (derivative award).
  • Vesting schedule: roughly equal installments on Aug 20, 2026; Nov 20, 2026; Feb 20, 2027; May 18, 2027. (Footnotes F1–F2)
  • RSU conversion: 1 RSU = 1 common share at settlement.
  • Settlement election: Reporting person elected to defer receipt of the shares until separation from service as a director or a change in control.
  • Shares owned after transaction: not specified in the filing.

Context Director RSU grants are common non‑cash compensation and do not represent an immediate purchase or sale of stock. Because settlement is deferred, Hinrichs will not receive shares (and thus cannot sell them) until the deferred settlement event occurs. This filing documents the grant rather than any market activity.