Acurio Veronica 4
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Envista (NVST) President Veronica Acurio Receives 998-Share Award
What Happened Veronica Acurio, President, Orthodontics at Envista Holdings Corp (NVST), received an award of 998 notional shares on February 1, 2026. The filing lists the per-share value at $23.47 for a total notional value of $23,423. This transaction is recorded as an "A" (award/acquisition) and involves derivative, unfunded notional shares tied to the company's Excess Contribution Program (ECP), not an open-market purchase or sale.
Key Details
- Transaction date and value: 2026-02-01; 998 notional shares × $23.47 = $23,423 (derivative award).
- Shares owned after transaction: Not reported in this Form 4.
- Footnotes of note:
- F1: Notional shares convert on a one-for-one basis to common stock.
- F2–F4: These are company contributions to the ECP (matching and/or non-elective), held as unfunded notional shares in an ECP stock fund; vesting depends on timing (matching vests 1 year after credit; non-elective vests later of 1 year after credit or after three years of service). Company contribution amounts are converted to notional shares using the NYSE closing price on the last day of January.
- Filing timeliness: Reported on Feb 3, 2026 for a Feb 1 transaction — appears timely under standard Form 4 reporting rules.
Context This is a compensation/company contribution event (not a sale), recorded as a derivative/unfunded notional share award under Envista's ECP. Such awards reflect routine employer contributions and vesting rules rather than an immediate market purchase or disposition. The notional shares are structured to convert one-for-one to actual shares per the footnotes and will be subject to the ECP’s vesting conditions.