Hammes Eric D. 4
4 · Envista Holdings Corp · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Envista (NVST) CFO Eric Hammes Receives 1,119-Share Award
What Happened
Eric D. Hammes, Chief Financial Officer of Envista Holdings Corp (NVST), was granted 1,119 unfunded, notional shares as an award on February 1, 2026. The notional shares are reported at $23.47 each, for a notional value of $26,263. This was an award/compensation grant (derivative), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-01; 1,119 notional shares @ $23.47 = $26,263 (reported as a derivative acquisition/award).
- Shares owned after transaction: Not reported on the Form 4.
- Footnotes / notable mechanics:
- F1: The notional shares convert on a one-for-one basis to actual shares (one-for-one conversion).
- F2–F4: These notional shares reflect Envista’s Excess Contribution Program (ECP) company contribution to the ECP Stock Fund; contributions are converted into notional shares using the NYSE closing price at the end of January. Vesting rules apply (matching contributions vest after one year; certain non‑elective contributions vest after the later of one year or three years of service).
- Filing timeliness: Form 4 filed 2026-02-03 for a 2026-02-01 transaction — filed within the standard Form 4 reporting window (not indicated as late).
Context
This was a compensation award reported as an unfunded, notional share grant tied to Envista’s deferred compensation/ECP arrangements, not a market purchase. Such awards are common components of executive pay and are governed by vesting and conversion rules described in the filing; they should not be interpreted as an immediate buy/sell signal.
Insider Transaction Report
- Award
Envista deferred contribution programs - Envista Stock Fund
[F1][F2][F3][F4]2026-02-01$23.47/sh+1,119$26,263→ 1,119 total→ Common Stock (1,119 underlying)
Footnotes (4)
- [F1]The notional shares convert on a one-for-one basis.
- [F2]Company contributions to the Excess Contribution Program ("ECP") consist of matching contributions (based on amounts the reporting person voluntary defers into the Envista Deferred Compensation Plan) and/or non-elective contributions. A participant vests in the matching contribution in the ECP made each year on the first anniversary after it is credited to the participant's account. A participant vests in the non-elective contribution in the ECP made each year on the later of the first anniversary after it is credited to the participant's account, or the date the participant has completed three years of service with Envista.
- [F3]Represents the Company's annual contribution to the Envista stock fund (the "ECP Stock Fund") in the reporting person's ECP account. The Company contributions are deemed to be invested in a number of unfunded, notional shares of Envista common stock, calculated by dividing the contribution amount by the closing price of Envista common stock as reported on the NYSE as of the last day in January of the year in which the contribution is made.
- [F4]Consists of unfunded, notional shares of Envista common stock in the Envista stock fund of the reporting person's ECP account.