Burns Thomas William 4

What Happened

• Tom Burns, Chairman & CEO and a director of Glaukos Corp (GKOS), had 5,212 shares withheld by the company to satisfy tax withholding obligations related to the vesting and delivery of previously granted restricted stock units (RSUs).
• The withholding was reported as a disposition at $97.02 per share, totaling $505,668. This was a tax-withholding/net settlement, not an open-market sale.

Key Details

• Transaction date: 2026-03-13; Report filed: 2026-03-17 (timely filing under Section 16).
• Price per share: $97.02; Shares withheld/disposed: 5,212; Total value shown: $505,668.
• Transaction code: F (payment of exercise price or tax liability — here, tax withholding on RSU vesting).
• Footnote F1: These shares were withheld by the issuer to cover the Reporting Person’s tax withholding obligations upon vesting/delivery of RSUs originally granted on March 13, 2025.
• Footnote F2: The filing notes 69,929 RSUs remain unvested/not yet delivered to the reporting person.
• Beneficial ownership after the transaction is not specified in the provided excerpt of the filing.

Context

• This is a routine tax-withholding transaction accompanying RSU vesting (a net settlement), not a discretionary sale of shares on the open market; it does not necessarily indicate a change in the insider’s view of the company.