Patel Bhavik 4

What Happened

• Bhavik Patel, President, MedTech and Consumer Health at IQVIA (IQV), had 4,083 performance-based restricted stock units vest on Feb 8, 2026 (acquisition code A). The vesting was valued at about $187.49 per share (total ≈ $765,522).
• To satisfy tax withholding (code F), 1,920 of those shares were withheld/disposed at $187.49 each for proceeds of $359,981. Net shares retained from this vesting: 2,163 shares (net value ≈ $405,541). This is an award/vesting event rather than an open-market sale.

Key Details

• Transaction date: 2026-02-08; filing date: 2026-02-10 (filed timely).
• Vesting price used for valuation/withholding: $187.49 per share.
• Gross shares vested: 4,083; shares withheld for taxes: 1,920; net shares delivered: 2,163.
• Footnote: These were performance-based RSUs granted Feb 13, 2023; the Company’s Leadership Development and Compensation Committee certified the performance conditions were met on Feb 8, 2026.
• Total shares owned after this transaction: not disclosed in the Form 4 filing.

Context

• This was a standard performance-RSU vesting event. The withholding of 1,920 shares was to cover tax liability (not an open-market trade), so the disposition is administrative rather than a decision to sell remaining holdings.
• Such awards reflect compensation vesting and are not direct buy/sell signals; purchases are generally more informative about insider sentiment.