Nance Mark E 4
Research Summary
AI-generated summary
Envista (NVST) GC Mark Nance Receives Awards, Sells 3,368 Shares
What Happened
- Mark E. Nance, General Counsel of Envista Holdings Corp (NVST), had 3,368 shares disposed (withheld) on Feb 25, 2026 to cover tax withholding obligations, generating proceeds/value of $99,659 (price: $29.59 per share). On the same date he was also granted awards totaling 65,785 units: 12,675 RSUs, 23,070 Performance Share Units (PSUs, reported at target), and 30,040 stock option-related units. The grants were reported on a Form 4 filed Feb 27, 2026.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27.
- Sale/Disposition: 3,368 shares at $29.59 = $99,659 (code F: shares withheld to satisfy tax withholding).
- Grants/Acquisitions: 12,675 RSUs (A, $0.00), 23,070 PSUs (A, $0.00, derivative, target payout; 0–200% possible), 30,040 option-related units (A, $0.00, derivative).
- Vesting notes: RSUs vest ratably over 3 years (F2). PSUs vest based on performance over a 3-year period (F3). Options vest ratably over 3 years (F4).
- Shares owned after the transactions: not specified in the provided summary.
Context
- The 3,368-share disposition was a tax-withholding event tied to compensation (common and routine) rather than an open-market sale to take profits; it does not necessarily signal a change in sentiment. The other entries are grants/awards (not purchases) that will vest over time or depend on performance, so they do not represent immediate cash investment by the insider.