Navratil Tomas 4
Research Summary
AI-generated summary
Glaukos (GKOS) CDO Tomas Navratil Surrenders 5,798 Shares for Taxes
What Happened
- Tomas Navratil, Chief Development Officer at Glaukos (GKOS), had 5,798 shares withheld by the company to satisfy tax withholding obligations upon vesting/delivery of restricted stock units. The shares were valued at $109.60 each for a total of approximately $635,461.
- This transaction is a tax-withholding disposition (transaction code F), not an open-market sale or purchase, and is a routine way companies settle tax obligations when RSUs vest.
Key Details
- Transaction date: 2026-03-31; Filing date: 2026-04-02 (timely Form 4 filing).
- Price: $109.60 per share; Shares withheld/disposed: 5,798; Value: $635,461.
- Footnote: Shares were withheld by the issuer to cover tax withholding on RSUs granted March 22, 2023 (F1).
- Footnote: The filing notes 45,793 restricted stock units that have not yet vested or been delivered (F2).
- Shares owned after the transaction: not specified in the provided excerpt.
Context
- Withholding shares to cover taxes is a common administrative action when RSUs vest and does not necessarily indicate insider sentiment about the stock.
- This was not an exercised-and-sold transaction or an open-market sale; it simply satisfied tax obligations on vested equity.