Grenfell Alistair 4

What Happened

• Alistair Grenfell, President, Commercial Solutions at IQVIA (IQV), received a grant of 26,088 stock appreciation rights (SARs) on February 9, 2026. The Form 4 reports an acquisition price of $0.00 and a reported value of $0 for the grant (derivative award), coded as an award/grant (A).

Key Details

• Transaction date: 2026-02-09; Form 4 filed: 2026-02-11 (timely).
• Security: stock appreciation rights (derivative); amount: 26,088 SARs; reported price: $0.00.
• Vesting: these SARs vest in three annual installments beginning February 9, 2027 (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction code: A (award/grant). No 10b5-1, tax-withholding, or late-filing flags in this report.

Context

• A stock appreciation right is a derivative award that typically pays the increase in share value (may be settled in stock or cash per the company's plan) once vested. Grants are common executive compensation/retention tools and are not the same as an open‑market purchase or sale; they do not by themselves indicate an insider buying or selling shares.