Befidi Robert 4
4 · Envista Holdings Corp · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Envista (NVST) President Befidi Receives 998-Share Award
What Happened
- Robert Befidi, President, Diagnostics at Envista (NVST), was credited with 998 notional shares as an award/acquisition under the company's Excess Contribution Program (ECP) on February 1, 2026. The notional share price reported is $23.47, for a notional value of $23,423.
- This was an award (transaction code A) of derivative/notional shares rather than an open-market purchase or sale — not an immediate cash outlay or sale.
Key Details
- Transaction date: 2026-02-01; Filing date: 2026-02-03 (Form 4 filed timely).
- Price used: $23.47 per share; Total notional value: $23,423.
- Shares acquired: 998 notional/unfunded shares credited to the ECP stock fund.
- Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
- Notable footnotes:
- F1: Notional shares convert on a one-for-one basis to actual Envista common shares.
- F2–F4: These shares reflect company contributions to the ECP (matching and/or non‑elective contributions) that are recorded as unfunded, notional shares. Vesting for matching contributions occurs one year after credit; non‑elective contributions vest after one year or after three years of service, whichever is later. Contributions are converted to notional share counts using the NYSE closing price on the last day of January each year.
Context
- This is a compensation-related award into a deferred compensation stock fund (ECP), not a market buy or sale. Such awards are routine components of executive compensation and are subject to the ECP’s vesting rules and conversion mechanics described above. They do not by themselves indicate a decision to buy or sell stock on the open market.
Insider Transaction Report
Form 4
Befidi Robert
President, Diagnostics
Transactions
- Award
Envista deferred contribution programs - Envista Stock Fund
[F1][F2][F3][F4]2026-02-01$23.47/sh+998$23,423→ 2,149 total→ Common Stock (998 underlying)
Footnotes (4)
- [F1]The notional shares convert on a one-for-one basis.
- [F2]Company contributions to the Excess Contribution Program ("ECP") consist of matching contributions (based on amounts the reporting person voluntary defers into the Envista Deferred Compensation Plan) and/or non-elective contributions. A participant vests in the matching contribution in the ECP made each year on the first anniversary after it is credited to the participant's account. A participant vests in the non-elective contribution in the ECP made each year on the later of the first anniversary after it is credited to the participant's account, or the date the participant has completed three years of service with Envista.
- [F3]Represents the Company's annual contribution to the Envista stock fund (the "ECP Stock Fund") in the reporting person's ECP account. The Company contributions are deemed to be invested in a number of unfunded, notional shares of Envista common stock, calculated by dividing the contribution amount by the closing price of Envista common stock as reported on the NYSE as of the last day in January of the year in which the contribution is made.
- [F4]Consists of unfunded, notional shares of Envista common stock in the Envista stock fund of the reporting person's ECP account.
Signature
/s/ Heather Turner, By POA from Robert Befidi|2026-02-03