Evans Stephen C. 4
Research Summary
AI-generated summary
Merit Medical (MMSI) Director Stephen C. Evans Receives Award
What Happened
- Stephen C. Evans, a director of Merit Medical Systems, Inc. (MMSI), received a grant of 3,457 restricted stock units (RSUs) on 2026-05-18. The Form 4 reports an acquisition code "A" with an acquisition price of $0.00 (typical for RSU awards), so no cash was paid by the insider.
Key Details
- Transaction date: 2026-05-18 (reported on Form 4 filed 2026-05-19). Transaction code: A (award/grant).
- Shares/units granted: 3,457 RSUs; reported acquisition price: $0.00 (RSU grant — not an open-market purchase).
- Vesting: RSUs vest on May 3, 2027, subject to continued service through the vesting date (per footnote).
- Shares owned after transaction: not specified in the supplied filing.
- Filing timeliness: Report appears timely (transaction on 2026-05-18; filing date 2026-05-19). No 10b5-1 plan or tax-withholding note disclosed in this filing.
Context
- RSUs are a form of equity compensation that convert into shares (or cash equivalent) only upon vesting; they do not represent immediately tradable shares. This grant is a compensation/retention award rather than a market purchase or sale and should be interpreted accordingly.