Custin Ann 4
Research Summary
AI-generated summary
ESTABLISHMENT LABS (ESTA) Director Ann Custin Receives Award
What Happened
- Ann Custin, a director of Establishment Labs Holdings, received 239 common shares as an award/compensation payment on June 30, 2026. The shares were issued at an implied price of $85.81 per share for a total value of $20,509.
- This was not a market purchase or sale but shares issued in lieu of a quarterly cash retainer under the company’s director compensation policy (an award/grant).
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-01 (period of report 2026-06-30).
- Amount: 239 shares; Price used: $85.81 per share; Total value: $20,509.
- Shares owned after transaction: Not specified in this filing.
- Footnote: The shares were elected to be received instead of a quarterly cash retainer per the Reporting Person’s prior election under the Issuer’s Outside Director Compensation Policy and were issued under the Issuer’s 2018 Equity Incentive Plan based on the closing price on the last trading day of the quarter.
- No indication in the filing of a 10b5-1 plan, tax-withholding share surrender, or that the filing was late.
Context
- This is a routine director compensation issuance (award in lieu of cash). Such awards reflect pay choice rather than a direct buy or sell decision and should not be interpreted as a clear bullish or bearish signal on its own.
- For investors tracking insider activity, outright purchases (cash buys) often carry more weight as signals than compensation-related issuances like this one.