Burns Thomas William 4
4 · GLAUKOS Corp · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Glaukos (GKOS) CEO Thomas Burns Sells 2,744 Shares
What Happened Thomas W. Burns, Chairman & CEO and a director of Glaukos Corp (GKOS), had 2,744 shares disposed on March 24, 2026 as part of tax withholding related to the vesting/delivery of previously granted restricted stock units (RSUs). The shares were withheld at an effective price of $105.23 per share, for a total value of $288,751. This was a withholding/tax disposition (not an open‑market sale or purchase).
Key Details
- Transaction date: March 24, 2026; Form 4 filed March 25, 2026 (timely).
- Price: $105.23 per share; Shares withheld/disposed: 2,744; Total value: $288,751.
- Nature of transaction: Tax withholding upon RSU vesting (transaction code F). This is a disposition to cover tax obligations, not a voluntary market sale signaling sentiment.
- Shares owned after transaction: Not specified in the excerpt; filing notes 59,399 restricted stock units remain unvested/not yet delivered to Mr. Burns (footnote F2).
- Footnotes: F1 — shares withheld by issuer to satisfy the reporting person’s tax withholding obligations on RSUs granted March 24, 2022. F2 — 59,399 RSUs still unvested/not delivered.
Context This disposition reflects employer withholding to cover taxes on vested RSUs (a routine administrative event). It does not represent a market sale decision by the insider and should be interpreted differently from open‑market sales or purchases.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-03-24$105.23/sh−2,744$288,751→ 239,707 total
- 961,285(indirect: By Trust)
Common Stock
- 238,107(indirect: By Trust)
Common Stock
- 120,000(indirect: By Trust)
Common Stock
- 100,000(indirect: By Trust)
Common Stock
- 100,000(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Consists of shares withheld by the Issuer with respect to tax withholding obligations of the Reporting Person upon vesting and delivery of shares of common stock underlying restricted stock units previously granted by the Issuer on March 24, 2022.
- [F2]Includes 59,399 restricted stock units that have not yet vested or been delivered to the Reporting Person.