Michna Magda 4
4 · STAAR SURGICAL CO · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
STAAR Surgical (STAA) CDO Magda Michna Receives RSU Vesting
What Happened
- Magda Michna, Chief Development Officer of STAAR Surgical (STAA), had restricted stock units (RSUs) vest in mid‑March 2026 and received shares upon vesting. On March 12 and March 14, 2026 a total of 23,773 RSUs vested and converted into common shares (conversion entries recorded at $0). To satisfy tax withholding, 8,529 vested shares were withheld (2,216 shares on 3/12 at $18.39 = $40,752; 6,313 shares on 3/14 at $18.84 = $118,937), leaving a net ~15,244 shares delivered to her. In addition, Ms. Michna received a new annual RSU grant of 33,838 shares on March 13, 2026 (vesting over three years).
Key Details
- Transaction dates and amounts:
- 2026-03-12: 6,178 RSUs vested/converted; 2,216 shares withheld for taxes at $18.39 ($40,752).
- 2026-03-13: new RSU grant of 33,838 shares (annual award; vests 1/3 each year starting 3/13/2027).
- 2026-03-14: 14,663 + 2,932 RSUs vested/converted (total 17,595); 6,313 shares withheld for taxes at $18.84 ($118,937).
- Total vested/converted: 23,773 RSUs → 23,773 shares; total withheld for taxes: 8,529 shares (~$159,689).
- Each RSU converts to one share upon vesting (footnote). The conversion entries are coded M (exercise/conversion of derivative) and the withholdings are coded F (payment of tax liability via share withholding).
- Shares owned after the transactions are not specified in the provided filing excerpt.
- Filing: Report filed 2026-03-16 covering transactions through mid‑March 2026 — appears to be timely.
Context
- These were compensation-related RSU vestings and an annual RSU grant, not open‑market buys or discretionary sales. The company withheld shares to cover tax obligations (a routine, cashless withholding), which is common and does not necessarily signal insider sentiment about the stock.
- For retail investors, vesting-related share receipts are routine executive compensation events; purchases (actual cash buys) tend to be more indicative of insider confidence than routine vesting and withholding.
Insider Transaction Report
Form 4
Michna Magda
Chief Development Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-12+6,178→ 20,622 total - Tax Payment
Common Stock
[F1]2026-03-12$18.39/sh−2,216$40,752→ 18,406 total - Exercise/Conversion
Common Stock
[F3]2026-03-14+14,663→ 33,069 total - Exercise/Conversion
Common Stock
[F4]2026-03-14+2,932→ 36,001 total - Tax Payment
Common Stock
[F3][F4][F5]2026-03-14$18.84/sh−6,313$118,937→ 29,668 total - Exercise/Conversion
Restricted Stock Units
[F6][F1]2026-03-12−6,178→ 6,178 totalExercise: $0.00→ Common Stock (6,178 underlying) - Award
Restricted Stock Units
[F6][F2]2026-03-13+33,838→ 33,838 totalExercise: $0.00→ Common Stock (33,838 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F3]2026-03-14−14,663→ 29,326 totalExercise: $0.00→ Common Stock (14,663 underlying) - Exercise/Conversion
Restricted Stock Units
[F6][F4]2026-03-14−2,932→ 5,866 totalExercise: $0.00→ Common Stock (2,932 underlying)
Footnotes (6)
- [F1]Reflects restricted stock units (RSUs) granted to the Reporting Person on March 12, 2024. These RSUs vested as to 1/3 (6,177 shares) on March 12, 2025, 1/3 (6,178 shares) on March 12, 2026, and will vest as to 1/3 (6,178 shares) on March 12, 2027. On March 12, 2026, 2,216 shares were witheld upon vesting to satisfy taxes.
- [F2]Reflects RSUs granted to the Reporting Person on March 13, 2026 in connection with annual equity award. These RSUs vest as to 1/3 (11,279 shares) on March 13, 2027, 1/3 (11,279 shares) on March 13, 2028, and 1/3 (11,280 shares) on March 13, 2029.
- [F3]Reflects RSUs granted to the Reporting Person on March 14, 2025. These RSUs vested as to 1/3 (14,663 shares) on March 14, 2026, and will vest as to 1/3 (14,663 shares) on March 14, 2027, and 1/3 (14,663 shares) on March 14, 2028. On March 14, 2026, 5,261 shares were witheld upon vesting to satisfy taxes.
- [F4]Reflects RSUs granted to the Reporting Person on March 14, 2025. These RSUs vested as to 1/3 (2,932 shares) on March 14, 2026, and will vest as to 1/3 (2,933 shares) on March 14, 2027, and 1/3 (2,933 shares) on March 14, 2028. On March 14, 2026, 1,052 shares were witheld upon vesting to satisfy taxes.
- [F5]Includes previously granted RSUs, which are subject to future vesting.
- [F6]Each RSU represents the right to receive one share of the Corporation's common stock upon vesting.
Signature
/s/ Magda Michna|2026-03-16