Envista (NVST) CEO Paul Keel Receives RSU & PSU Awards
$NVST · Envista Holdings CorpResearch Summary
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Envista (NVST) CEO Paul Keel Receives RSU & PSU Awards
What Happened
Paul A. Keel, CEO of Envista Holdings Corp (NVST), received equity awards reported on Form 4 dated Aug 20, 2026 for grants made on Aug 18, 2026. The filing shows 179,730 restricted stock units (RSUs) and 159,900 performance share units (PSUs) awarded, reported at an acquisition price of $0.00 (award). Combined, the awards total 339,630 units (RSUs + PSU target amount).
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (timely within the standard 2-business-day window).
- Reported transaction code: A (award/grant); price reported: $0.00 (typical for grants).
- RSUs: 179,730 units; vest ratably on each anniversary over four years and convert 1-for-1 into common shares (Footnote F1).
- PSUs: 159,900 units at target (derivative award); payout depends on performance over a four-year period and may pay 75%–125% of target depending on results (Footnote F2).
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
Context
These are compensation grants (not open-market purchases or sales). RSUs require continued service to vest; PSUs are performance-based and may result in more or fewer shares than the target if performance differs. Such awards are common in executive pay packages and do not by themselves indicate an immediate buy/sell signal.