Envista Holdings Corp·4

Feb 3, 9:04 PM ET

Nance Mark E 4

Research Summary

AI-generated summary

Updated

Envista (NVST) General Counsel Mark Nance Receives 2,006 Notional Shares

What Happened

  • Mark E. Nance, General Counsel of Envista Holdings Corp (NVST), was granted/awarded 2,006 unfunded, notional shares on 2026-02-01. The filing records an acquisition value of $23.47 per share for a total of $47,081. The transaction is reported as an award/acquisition (derivative), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-01; Filing date (Form 4): 2026-02-03 (appears timely).
  • Reported price/value: $23.47 per share; total reported value $47,081.
  • Security type: Unfunded, notional shares in the Envista Excess Contribution Program (ECP) / ECP Stock Fund (derivative award).
  • Shares owned after transaction: Not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F1: Notional shares convert on a one-for-one basis to common shares.
    • F2: Vesting for ECP matching and non‑elective contributions occurs on scheduled anniversaries (matching vests after 1 year; non‑elective vests after the later of 1 year or 3 years of service).
    • F3/F4: Company contributions to the ECP are converted into a number of notional shares by dividing the contribution by the NYSE closing price on the last day of January; these are the unfunded notional shares credited to the participant’s ECP account.

Context

  • This was an awarded/credited grant through the company’s deferred compensation/ECP stock fund (derivative form), not a market purchase — such grants reflect compensation or company contributions rather than direct insider buying or selling activity.
  • Because these are notional (unfunded) shares with a vesting schedule, they are not immediately liquid and do not necessarily indicate immediate insider market sentiment.