Hurley John Joseph 4

What Happened

• John Joseph Hurley, Principal Accounting Officer at Avanos Medical (AVNS), surrendered 226 shares on March 9, 2026 to satisfy tax withholding obligations. The shares were valued at $13.29 each for a total of $3,004.
• The surrender occurred upon the vesting of 647 time‑based restricted share units (TRSUs) awarded March 7, 2025; each TRSU equals one share, so 421 shares were effectively delivered to Hurley after withholding.

Key Details

• Transaction date: March 9, 2026; Filing date (Form 4): March 11, 2026 (filed within the standard two‑business‑day reporting window).
• Price and value: 226 shares × $13.29 = $3,004 (reported).
• Security involved: 647 TRSUs vested; 226 shares surrendered for tax withholding (transaction code F).
• Shares owned after the transaction: Not reported in this filing.
• Footnote: The surrender reflects tax withholding on 647 TRSUs awarded March 7, 2025 and vested March 9, 2026; each TRSU is economically equivalent to one share.

Context

• This was a routine tax‑withholding share surrender tied to equity vesting, not an open‑market sale or purchase. Such withholding actions are common and generally reflect tax obligations rather than a trading signal about the insider's view of the company.