Michna Magda 4

What Happened

• Magda Michna, Chief Development Officer of STAAR Surgical (STAA), had 1,680 shares withheld to satisfy tax withholding when her RSUs vested on May 8, 2026. The withholding was recorded as a disposition at $26.69 per share, totaling $44,839.
• The RSU award grant (May 8, 2023) vests in three annual installments: 4,682 shares on 5/8/2024, 4,682 on 5/8/2025, and 4,683 on 5/8/2026. On 5/8/2026, 4,683 shares vested and 1,680 were withheld for taxes, leaving 3,003 net shares delivered to Michna.

Key Details

• Transaction date: May 8, 2026; filing date: May 12, 2026 (filed within the SEC 2-business-day window).
• Withheld (disposed) shares: 1,680 at $26.69 each; total value ≈ $44,839.
• Shares owned after transaction (corrected): 29,688 (correction noted from prior Form 4 typo).
• Footnote F1: RSU grant and vesting schedule; withholding to satisfy taxes. Footnote F2: Corrects an earlier misreported owned-share total (29,688, not 29,668).
• Transaction code: F (tax withholding on vested RSUs) — not an open-market sale or purchase.

Context

• This was a routine tax-withholding on vested RSUs (a common cashless settlement), not an intentional open-market sale that signals investment sentiment.
• For retail investors, such withholding transactions are administrative and should be viewed differently from voluntary insider buys or sales.