Keel Paul A 4
Research Summary
AI-generated summary
Envista CEO Paul Keel Withholds 12,811 Shares for Taxes
What Happened
- Paul A. Keel, CEO of Envista Holdings Corp (NVST), disposed of 12,811 shares on May 25, 2026 as a tax-withholding transaction tied to the vesting of stock-settled restricted stock units (RSUs). The shares were valued at $23.43 each, for a total value of approximately $300,162. This was a routine withholding to satisfy tax obligations, not an open-market sale indicating a change in sentiment.
Key Details
- Transaction type/code: Payment of exercise price or tax liability (F) — shares withheld to cover taxes on vested RSUs (see footnote F1).
- Transaction date: 2026-05-25; Filing date: 2026-05-27 (filed timely).
- Price per share: $23.43; Shares affected: 12,811; Total value: ~$300,162.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: F1 — represents shares withheld to satisfy tax withholding obligations applicable to the vesting of stock-settled RSUs.
Context
- This was a tax-withholding (cashless) disposition related to RSU vesting, a routine administrative action that does not necessarily reflect the insider’s view on the company’s stock. Such withholding transactions are common when equity awards vest.