Keel Paul A 4
4 · Envista Holdings Corp · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Envista (NVST) CEO Paul Keel Receives Awards, Sells 11,840 Shares
What Happened
Paul A. Keel, Chief Executive Officer of Envista Holdings Corp. (NVST), had 11,840 shares withheld to satisfy tax withholding on vested awards (disposed at $29.59/share for $350,346) and was granted a package of equity awards on Feb 25, 2026: 48,670 restricted stock units (RSUs), 132,885 performance share units (PSUs, target amount), and 115,320 stock-option-type awards (all reported as acquisitions at $0). The equity grants are compensation awards (not open-market purchases).
Key Details
- Transaction date: February 25, 2026; Form 4 filed Feb 27, 2026 (filed within the usual two-business-day window).
- Sale (tax withholding): 11,840 shares at $29.59 → proceeds used to satisfy tax withholding ≈ $350,346. (Transaction code F)
- Grants/acquisitions: 48,670 RSUs; 132,885 PSUs (reported at target); 115,320 option-style awards — all reported as awards (transaction code A) at $0. Total awarded shares reported = 296,875.
- Shares owned after transaction: not specified in the supplied summary.
- Footnotes: F1 = shares withheld to cover tax on RSU vesting; F2 = RSUs vest ratably over 3 years, 1-for-1 share conversion; F3 = PSUs pay based on 3-year performance (0–200% of target); F4 = option award vests ratably over 3 years.
- Nature of sale: the 11,840-share disposition was for tax withholding (routine), not an open-market directional sale.
Context
- Tax-withholding disposals are common when equity awards vest and do not necessarily indicate CEO selling for diversification or other reasons.
- The awarded RSUs are time-based, PSUs are performance-based (payout may be 0%–200% of the reported target), and the option award vests over time — all subject to continued service and/or performance.
- For retail investors, emphasis is that this filing reflects compensation grants plus a routine withholding, rather than an open-market purchase or an opportunistic sale.
Insider Transaction Report
Form 4
Keel Paul A
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-02-25$29.59/sh−11,840$350,346→ 335,715 total - Award
Common Stock
[F2]2026-02-25+48,670→ 384,385 total - Award
Performance Share Unit
[F3]2026-02-25+132,885→ 132,885 total→ Common Stock (132,885 underlying) - Award
Employee Stock Option (Right to Buy)
[F4]2026-02-25+115,320→ 115,320 totalExercise: $29.59Exp: 2036-02-25→ Common Stock (115,320 underlying)
Footnotes (4)
- [F1]Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations applicable to the vesting of stock-settled Restricted Stock Units ("RSU").
- [F2]Consists of RSUs that will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date. Each RSU will convert on a 1-for-1 basis, in shares of the Issuer's common stock.
- [F3]Consists of Performance Share Units that will vest, if at all, based on certification of achievement of identified performance measures over a three-year performance period. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 0%-200% of the amount reported depending on the level of performance achieved.
- [F4]This Option will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
Signature
/s/ Heather Turner, By POA from Paul A. Keel|2026-02-27