Integer Holdings Corp·4

Jan 21, 8:51 PM ET

Stephens Jim 4

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Integer (ITGR) President Jim Stephens Converts RSUs; 447 Shares Withheld

What Happened
Jim Stephens, President, CRM & Neuro of Integer Holdings (ITGR), converted vested restricted stock units (RSUs) into common shares and had shares withheld to cover taxes. On Jan 17 and Jan 19, 2026 he converted a total of 1,506 RSUs (748 + 758) into 1,506 common shares. The company withheld 447 of those shares to satisfy tax withholding at $85.78 per share, producing proceeds of $38,344; the net shares delivered to him were 1,059. Separately, on Jan 16, 2026 he was granted 3,885 new RSUs (derivative award).

Key Details

  • Transaction dates: Jan 16, 17 and 19, 2026; Form 4 filed Jan 21, 2026.
  • Conversions: 748 shares (Jan 17) and 758 shares (Jan 19) converted from RSUs → total 1,506 shares.
  • Tax withholding: 447 shares withheld at $85.78/share for $38,344 (reported as disposition to cover tax liability). Net shares received = 1,059.
  • Grant: 3,885 RSUs awarded on Jan 16, 2026 (no cash price).
  • Footnotes: RSUs convert one-for-one into common stock; the Jan 16, 2026 grant vests in three equal annual installments beginning Jan 16, 2027. Prior RSU grants noted: 2,275 RSUs (Jan 19, 2024) and 2,245 RSUs (Jan 17, 2025) with multi-year vesting schedules.
  • Shares owned after the transaction: not specified in the provided filing.

Context
These transactions are RSU conversions and a standard tax-withholding share surrender — not an open-market sale or purchase. RSU grants are awards (A) and conversions are reported as derivative exercises (M); withholding of shares to cover taxes is reported under the F code. Such withholding is routine and reflects tax obligations on vested awards rather than a discretionary cash sale.