ICON (ICLR) Director Jeffrey T. Elliott Receives 1,324 RSUs

What Happened
Director Jeffrey T. Elliott received a grant of 1,324 restricted share units (RSUs) from ICON plc on August 10, 2026. The Form 4 reports the acquisition as a derivative award (code A) at $0.00 reported price; the RSUs represent contingent rights to one ordinary share each upon vesting. The grant is scheduled to vest on May 22, 2027.

Key Details

• Transaction date: August 10, 2026 (reported Aug 11, 2026). Filing appears timely.
• Instrument & amount: 1,324 restricted share units (RSUs); reported acquisition price $0.00 (derivative grant).
• Vesting: Scheduled to vest May 22, 2027. (Footnote F2)
• Conversion/withholding: Each RSU converts to one ordinary share upon vesting; a nominal conversion price equal to par value (EUR 0.06) per share will be automatically deducted from the reporting person's pay at vesting. (Footnote F1)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Regulatory note: ICON is a foreign private issuer; the filing states these transactions are exempt from Sections 16(b) and 16(c) under Rule 3a12-3(b).

Context
This was a compensation award (RSUs), not an open-market buy or sale. RSU grants are routine executive compensation and only become actual shares (and may have tax/withholding implications) if and when they vest.