Research Summary
AI-generated summary of this SEC filing
Envista (NVST) CFO Eric Hammes Receives Award
What Happened
- Eric D. Hammes, Chief Financial Officer of Envista Holdings Corp (NVST), was granted 47,970 performance share units (reported as a derivative award) on August 18, 2026. The reported acquisition price is $0.00 because this is a compensation award, not a market purchase or sale.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20.
- Transaction type/code: A — Award/Grant (derivative instrument).
- Shares/units granted: 47,970 performance share units (reported at target).
- Price reported: $0.00 (no purchase price; compensation award).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: These are performance share units that vest, if at all, based on certification of performance over a four-year period. The reported amount is the target payout; actual shares payable may range from 75% to 125% of the target depending on performance.
- Filing timeliness: Form filed two days after the transaction date; no indication in the filing that it was late.
Context
- This grant is a compensation award (not a purchase or sale) and will only convert to actual shares if performance conditions are met over the specified four-year performance period. Such awards are common for executive long-term incentive pay and do not necessarily reflect immediate buying or selling sentiment.