Khales Payman 4

What Happened

• Khales Payman, President & CEO of Integer Holdings (ITGR), received a grant of 19,429 restricted stock units (RSUs) on Jan 16, 2026 and converted/exercised vested RSUs into common shares on Jan 17–20, 2026. He converted a total of 3,569 RSUs (1,260 on 1/17; 961 on 1/19; 1,348 on 1/20).
• To satisfy tax/exercise obligations, 962 of those shares were withheld/sold: 633 shares on 1/19 at $85.78 ($54,299) and 329 shares on 1/20 at $85.15 ($28,014), totaling $82,313. The conversions themselves are recorded at $0 (typical for RSU-to-share conversions).
• Net result from the conversions: 3,569 shares converted minus 962 shares withheld = 2,607 net shares issued to Payman. The separate 19,429-RSU grant is a derivative award that vests in future periods.

Key Details

• Transaction dates and amounts:
  • Grant: 19,429 RSUs on 2026-01-16 (award, $0 per share; see footnote F2).
  • Conversions: 1,260 (1/17), 961 (1/19), 1,348 (1/20) — total 3,569 RSUs converted to common stock (recorded as M/exercise or conversion).
  • Tax/exercise payments: 633 shares @ $85.78 on 1/19 = $54,299; 329 shares @ $85.15 on 1/20 = $28,014; total = $82,313 (F code = tax/payment).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: RSUs convert one-for-one into common stock.
  • F2–F5: Details of the Jan 2026 grant (F2) and prior RSU grants in 2023–2025 with staggered vesting schedules (F3–F5).
• Filing/timeliness: Form 4 was filed 2026-01-21 for transactions occurring 2026-01-16 through 2026-01-20; the filing appears timely under Section 16 reporting (no late-flag reported).

Context

• These entries reflect RSU awards and routine conversions/withholding to meet tax obligations, not an open-market sale for investment purposes. The conversions recorded at $0 indicate an RSU-to-share conversion rather than a cash purchase; the F-coded disposals are tax/exercise withholdings (common practice when awards vest). As with most award-related withholding, this activity is typically administrative and does not necessarily signal the insider’s market view.