Envista Holdings Corp·4

Feb 27, 4:19 PM ET

Befidi Robert 4

Research Summary

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Envista (NVST) President Robert Befidi Receives Awards, Sells Shares

What Happened

  • Robert Befidi, President, Diagnostics at Envista Holdings (NVST), received multiple equity awards on Feb 25, 2026 and had 2,177 shares disposed to cover tax withholding. The withheld shares were sold at $29.59 each for proceeds of $64,417. Concurrently he was granted 7,605 RSUs, 13,845 performance share units (PSUs, reported at target), and 18,020 option-based awards (all reported as acquisitions at $0).

Key Details

  • Transaction date: 2026-02-25; withheld sale: 2,177 shares at $29.59 → $64,417.
  • Grants reported same day: 7,605 RSUs; 13,845 PSUs (target amount); 18,020 option-type award units. All reported at $0 price as they are awards/derivatives.
  • Shares owned after transaction: not provided in the summary data supplied.
  • Footnotes of note:
    • F1: 2,177 shares withheld to satisfy tax withholding on vested RSUs (i.e., a tax-withholding disposition, not a market-sale for cash gain).
    • F2: RSUs vest ratably over 3 years, convert 1-for-1 to common shares.
    • F3: PSUs vest based on performance over 3 years; payout can range 0%–200% of target.
    • F4: Option award vests ratably over 3 years.
  • Filing: Report filed Feb 27, 2026 for transactions on Feb 25, 2026 (appears timely based on filing date).

Context

  • The 2,177-share disposal is a routine tax-withholding event tied to equity vesting, not an independent open-market sale signaling a view of the stock. The larger items are grants/awards that vest over multiple years and include performance-based PSUs and time-based option/RSU vesting schedules, so they represent future potential ownership rather than immediate cash purchases.