Kaabi Faez C 4

What Happened

• Kaabi Faez C, Envista's Chief Accounting Officer, was granted 1,186 unfunded, notional shares in the company's Excess Contribution Program (ECP) stock fund on 2026-02-01. The grant is reported at $23.47 per share for a total reported value of $27,835. This is an award/derivative grant (Form 4 transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date and filing: Grant on 2026-02-01; Form 4 filed 2026-02-03 (filed within the typical 2-business-day reporting window).
• Amount: 1,186 notional shares at $23.47 per share; total reported value $27,835.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Nature of award: Derivative/unfunded notional shares in the Envista ECP stock fund (transaction code A).
• Relevant footnotes: See summary of F1–F4 below for vesting/conversion and plan mechanics.

Context

• These are not immediate, tradable shares. Per the filing footnotes, the notional shares are unfunded and held in the Envista Deferred Compensation Plan’s ECP stock fund and convert on a one-for-one basis to actual shares when converted (F1, F3, F4).
• Vesting rules apply: matching contributions vest after one year; non-elective contributions vest after the later of one year or three years of service (F2). Because this is a company contribution via the ECP, it reflects compensation plan mechanics rather than an open-market purchase by the insider.