Honeycutt Jennifer 4
Research Summary
AI-generated summary
Veralto (VLTO) CEO Jennifer Honeycutt Sells 8,603 Shares
What Happened
- Jennifer Honeycutt, President, CEO and Director of Veralto (VLTO), disposed of a total of 8,603 shares on February 24, 2026 to satisfy tax-withholding obligations tied to vested restricted stock units (RSUs).
- The disposals were: 1,420 shares at $93.65 ($132,983), 1,283 shares at $93.65 ($120,153), and 5,900 shares at $93.65 ($552,535), for a combined value of $805,671.
- These were not open-market sales for cash gains but share transfers to cover tax liabilities (transaction code F), a routine post-vesting action.
Key Details
- Transaction date: February 24, 2026. Report filed February 26, 2026 (timely within the usual 2-business-day window).
- Price per share: $93.65.
- Shares disposed: 8,603 total (1,420; 1,283; 5,900).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction code: F — payment of exercise price or tax liability (withholding of shares).
- Footnotes: F1 — these RSUs were converted from Danaher performance stock units in the spin-off. F2 — the award had both performance- and time-based conditions; performance conditions were certified satisfied before Sept 29, 2023 and the RSUs vested per the time-based schedule on the third anniversary of grant.
Context
- These transfers are tax-withholding events tied to RSU vesting (common for executives) and typically do not signal a deliberate market sell decision. They differ from open-market sales or option exercises followed by sales; here shares are surrendered to meet tax obligations after vesting.