Harris Taylor C. 4/A
Research Summary
AI-generated summary
Establishment Labs (ESTA) Director Taylor C. Harris Receives Award
What Happened
Taylor C. Harris, a director of Establishment Labs Holdings Inc. (ESTA), was granted a total of 3,722 stock units on June 24, 2026 (1,949 units and 1,773 units). Each award was reported at $0.00 per share (typical for restricted stock unit awards), meaning no cash was paid by the insider. These are awards of stock units under the company's 2018 Equity Incentive Plan and will convert to shares if and when they vest.
Key Details
- Transaction date: 2026-06-24 (reported in an amended Form 4 filed 2026-07-01).
- Award amounts: 1,949 units (F1) + 1,773 units (F2) = 3,722 units total; price reported $0.00.
- Vesting (per footnotes): F1 — 1/3 of the 1,949 units vest on each yearly anniversary of the grant, subject to continued service; F2 — 1,773 units vest in full on the earlier of June 24, 2027 or the day before the issuer's next annual meeting, subject to continued service.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing status: This is an amended Form 4; the amendment may correct or clarify the original filing. No indication in the provided data that the filing was late beyond the amendment.
Context
These awards are restricted stock units (RSUs) — they represent rights to receive shares in the future if vesting conditions are met and do not involve an immediate cash purchase or sale. Such grants are standard compensation for directors and do not by themselves indicate a buy/sell signal; they are time-based incentives tied to continued service.