Acurio Veronica 4
Research Summary
AI-generated summary
Envista (NVST) President Veronica Acurio Receives Awards; Shares Withheld
What Happened
- Veronica Acurio, President, Orthodontics at Envista Holdings (NVST), was granted equity awards on 2026-02-25: 7,605 restricted stock units (RSUs), 13,845 performance share units (PSUs, reported at target), and an option covering 18,020 shares. On the same date, 1,412 shares were withheld to satisfy tax withholding obligations at $29.59 per share, a disposition valued at $41,781. The grants show $0.00 per-share acquisition price because they are awards/derivatives rather than open-market purchases.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely filing).
- Withheld shares: 1,412 shares @ $29.59 = $41,781 (tax withholding; code F).
- Awards reported: 7,605 RSUs (code A), 13,845 PSUs at target (code A, derivative), 18,020-option grant (code A, derivative); per-share acquisition listed as $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Relevant footnotes:
- F1: Shares withheld to satisfy tax withholding on vesting.
- F2: RSUs vest ratably over three years (1-for-1 conversion to shares).
- F3: PSUs vest based on 3-year performance; payout 0%–200% of target.
- F4: Option vests ratably over three years.
Context
- The 1,412-share disposition is a routine tax-withholding action (not an open-market sale) and is common when stock-based awards vest. RSUs and option grants are typical executive compensation; PSUs are performance-based and may pay out at more or less than the target amount depending on results.