ICU MEDICAL INC/DE·4

May 13, 9:20 PM ET

Hernandez Laurie 4

Research Summary

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ICU Medical (ICUI) Director Laurie Hernandez Receives RSU Award & Converts Units

What Happened

  • Laurie Hernandez, a director of ICU Medical, converted/exercised 1,254 derivative units into common shares and simultaneously disposed of those 1,254 shares (reported as a conversion/disposition). On the same date she was granted 1,475 restricted stock units (RSUs). All transactions are reported at $0.00 because these are RSUs with no purchase or exercise price.

Key Details

  • Transaction date: May 13, 2026 (reported same day, filing dated May 13, 2026).
  • Transactions reported: M (exercise/conversion of derivative) — 1,254 shares acquired and 1,254 shares disposed; A (award/grant) — 1,475 RSUs granted.
  • Price: $0.00 reported for all items (footnote: RSUs have no purchase/exercise price).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes of note: F1 = these are Restricted Stock Units; F2 = no purchase/exercise price; F3 = awards vest on the anniversary of the grant or the next stockholder meeting, whichever is earlier.
  • Filing timeliness: Reported on the same date as the transactions (no late filing indicated).

Context

  • Code M indicates conversion/exercise of a derivative instrument; code A indicates an award/grant. For RSU transactions, $0.00 reflects that the units carry no exercise cost; vesting and settlement terms govern when shares are delivered. The filing does not state the reason for the simultaneous disposition of the converted 1,254 shares (e.g., sale, tax withholding or transfer).