Voigtlander Christian B. 4

What Happened
Christian B. Voigtlander, Chief Operating Officer of ICU Medical (ICUI), had performance- and time‑based restricted stock units convert to common shares on 2026-03-15. A total of 14,648 shares were issued to him (11,400 and 3,248 awards). To cover tax withholding, 8,096 of those shares were surrendered at $125.85 per share, totaling $1,018,882. Net new shares to Voigtlander after withholding were 6,552. The awards included PRSUs that vested at 117% of target.

Key Details

• Transaction date: 2026-03-15; Form 4 filed 2026-03-16 (timely).
• Awards converted: 14,648 shares (reported as derivative exercises/conversions).
• Shares withheld for taxes: 6,301 shares ($792,981) + 1,795 shares ($225,901) = 8,096 shares; withholding price used = $125.85/share; total ~$1,018,882.
• Net shares received by insider: 6,552 shares.
• Footnotes: PRSUs were performance-based (grant 3/15/2023) and certified at 117% of target by the Compensation Committee on 2/11/2026; RSUs/PRSUs have no exercise price.
• Filing does not list total shares owned after the transaction in the provided excerpt.

Context

• This was not an open‑market buy or sell but the settlement of restricted stock units (PRSU/RSU); such share issuances are routine compensation events rather than directional bets.
• The tax liability was satisfied via share withholding (a common cashless settlement method).
• No 10b5-1 plan, gift, or option purchase was reported; the conversion is reported under code M (exercise/conversion) and code F (payment of tax liability).