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Veralto Corp·4

Mar 3, 5:10 PM ET

Kapity Melissa 4

Research Summary

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Updated

Veralto (VLTO) SVP Melissa Kapity Exercises Options, Sells Shares

What Happened

  • Melissa Kapity, SVP, Water Quality at Veralto (VLTO), exercised stock options and sold common shares in late Feb 2026, and received a grant of restricted stock units (RSUs) on Mar 1, 2026.
  • She exercised 9,744 option shares (2,639 + 7,105) at $83.23 per share, for an aggregate exercise cost of $810,993. On 2026-02-27 she sold 14,840 shares in open-market transactions (5,096; 2,639; 7,105) at $96.60 each, producing gross sale proceeds of $1,433,544. She was also granted RSUs totaling 19,704 shares (reported Mar 1, 2026) that vest per the grant terms (see footnote).

Key Details

  • Transaction dates and prices:
    • 2026-02-27: Exercised options—2,639 shares @ $83.23 ($219,644) and 7,105 shares @ $83.23 ($591,349).
    • 2026-02-27: Open-market sales—5,096 shares @ $96.60 ($492,274); 2,639 shares @ $96.60 ($254,927); 7,105 shares @ $96.60 ($686,343). Total sales ≈ $1,433,544.
    • 2026-03-01: Grant of RSUs reported as acquisitions (4,491 and 15,213 shares) — total 19,704 RSUs, reported at $0 (non-cash award).
  • Shares owned after the transactions: Not specified in the provided excerpt of the filing.
  • Footnotes of note:
    • F1: RSUs payable solely in common stock; vesting—one half on each of the 3rd and 4th anniversaries of Mar 1, 2026.
    • F2: Indicates certain stock options are fully vested.
    • F3: For another option grant, one half becomes exercisable on each of the 3rd and 4th anniversaries (Mar 1, 2026 grant date).
  • Timeliness: Filing dated 2026-03-03 covering transactions on 2026-02-27 and 2026-03-01 — filed within the two-business-day Form 4 window (not marked late).

Context

  • The filing shows an exercise of options followed by open-market sales of shares. This pattern can reflect exercising vested options and selling some or all resulting shares (often to cover exercise cost/taxes or for liquidity); the filing itself does not state motivation.
  • RSU grants are awards with future vesting and do not represent immediately marketable shares; half of the RSUs vest on the third and fourth anniversaries of the Mar 1, 2026 grant date.
  • Derivative/option codes: "M" entries indicate option exercise/conversion; "S" indicates sale; "A" indicates award/grant.