Grenfell Alistair 4

What Happened Alistair Grenfell, President, Commercial Solutions at IQVIA (IQV), had 11,795 performance-based restricted stock units (RSUs) vest and convert into shares on Feb 8, 2026 (transaction code A — award/acquisition). Simultaneously, 5,545 shares were withheld/sold to cover the tax liability (transaction code F) at $187.49 per share, producing proceeds of $1,039,632. The award was granted Feb 13, 2023 and the company’s committee certified the performance results on Feb 8, 2026. Net after withholding, Grenfell retained approximately 6,250 shares (market value ≈ $1.17M at $187.49).

Key Details

• Transaction dates: Feb 8, 2026 (award vesting and tax withholding/sale). Form filed Feb 10, 2026 (timely).
• Award: 11,795 shares acquired at $0.00 (performance-based RSUs vested).
• Tax withholding/sale: 5,545 shares disposed at $187.49, proceeds $1,039,632.
• Net shares retained from the award: ~6,250 shares (11,795 − 5,545).
• Footnote: Award was performance-based RSUs granted Feb 13, 2023; performance conditions certified Feb 8, 2026.
• Filing timeliness: Not reported late (filed within typical two-business-day window).

Context

• This was a vesting of performance-based RSUs, not an open-market buy or a discretionary sale; the sale was a routine tax-withholding action tied to vesting. Such withholdings are standard and don’t necessarily indicate buy/sell sentiment.
• For retail investors: the primary signal is that performance goals were met (the award vested). The withholding sale converted part of the award to cash to satisfy taxes rather than representing a voluntary divestiture.