Reis Mischa 4
Research Summary
AI-generated summary
Envista (NVST) SVP Mischa Reis Receives Award of 2,919 Shares
What Happened
- Mischa Reis, SVP, Strategy & Business Development at Envista Holdings Corp., was granted 2,919 notional shares as an award under the company's Executive Deferred Incentive Program (EDIP) on February 1, 2026. The grant is reported at $21.71 per share for a total value of $63,371. This is a company contribution/award (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-01; 2,919 shares at $21.71 each (total $63,371).
- Transaction type: Award / grant of unfunded, notional shares in the EDIP Stock Fund (derivative).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes of note:
- The notional shares convert on a one-for-one basis into common stock (F1).
- Company contribution to EDIP is deemed invested in notional Envista shares based on prior year-end closing price (F3).
- Vesting: reporting person's EDIP Stock Fund contributions are 90% vested now and vest 10% each subsequent year on 1/1 until 10 years of EDIP participation or retirement eligibility; upon termination the EDIP balance is settled in Envista common stock (F2).
- Filing: Report filed 2026-02-03 (appears to be within the typical Form 4 reporting window).
Context
- These are notional (unfunded) shares awarded as part of deferred compensation, which will convert to actual shares per the plan terms and vesting schedule. Such awards reflect company compensation practices rather than an immediate market purchase or sale, so they are less directly indicative of near-term insider buying or selling intentions.