Keel Paul A 4

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.