Custin Ann 4
Research Summary
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Establishment Labs (ESTA) Director Ann Custin Receives 363-Share Award
What Happened Ann Custin, a director of Establishment Labs Holdings, received an award of 363 common shares on March 31, 2026. The shares were recorded at $56.78 each for a total value of $20,611. This transaction is an award/grant (code A) issued as part of director compensation rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-31; 363 shares at $56.78 per share (total $20,611).
- Transaction type: Award/Grant (A) — shares issued as compensation.
- Shares owned after transaction: Not specified in the provided Form 4 excerpt.
- Footnote: Shares were elected in lieu of a quarterly cash retainer under the issuer’s Outside Director Compensation Policy; issued under the 2018 Equity Incentive Plan and based on the closing price on the last trading day of the quarter.
- Filing timeliness: Form filed 2026-04-01 for a 2026-03-31 transaction (appears timely under standard Form 4 reporting rules).
Context This was a routine director-compensation award (stock in lieu of cash retainer). Such awards are standard corporate practice and do not by themselves indicate a director buying or selling shares for investment reasons.