Patil Neena M 4

What Happened

• Neena M. Patil, a director of Teleflex Incorporated (TFX), was granted two equity awards on May 15, 2026: 1,090 restricted stock units (RSUs) and 2,397 units recorded as a derivative award (stock option award). Both awards were reported at a $0 acquisition price because they are non‑cash grants (transaction code A).

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed within the SEC’s 2 business-day reporting window).
• Awards: 1,090 RSUs (F1) and 2,397 stock option units/award (F2); grant price reported as $0.
• Vesting: Both awards vest 100% on the one‑year anniversary of the grant. Each award includes a proviso that if Patil does not stand for re-election to the Board at the 2027 annual meeting, the award will vest on the earlier of the one‑year anniversary and the 2027 meeting date, subject to the meeting timing condition noted in the footnotes.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 describes the RSU award under the 2023 Stock Incentive Plan and its vesting condition; F2 describes the stock option award and similar vesting terms.

Context

• These were equity awards (grants), not open‑market purchases or sales. Grants are compensation and do not represent immediately vested, free tradable shares—vesting conditions determine when the recipient obtains rights to the shares/options.
• For retail investors, grants are common for directors as part of compensation and are informative about pay structure but do not by themselves indicate immediate buying or selling pressure.