Avanos Medical (AVNS) awards officer 2,211 restricted share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hurley John Joseph reported acquisition or exercise transactions in this Form 4 filing.
Avanos Medical, Inc. reported that Principal Accounting Officer John Joseph Hurley received an award of 2,211 time-based restricted share units under the company’s 2021 Long Term Incentive Plan. These units vest in three equal installments on March 13, 2027, March 13, 2028, and March 13, 2029, and each unit is economically equivalent to one share of common stock. Following this compensation grant, his reported direct holdings increased to 13,592 shares or share-equivalents.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hurley John Joseph
Role
Principal Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,211 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,592 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Avanos Medical (AVNS) report for John Joseph Hurley?
Avanos Medical reported that Principal Accounting Officer John Joseph Hurley received 2,211 time-based restricted share units as compensation. These units are tied to common stock and increase his reported direct holdings to 13,592 shares or share-equivalents after the award.
What is the nature of the Avanos Medical (AVNS) Form 4 transaction?
The Form 4 shows a grant or award acquisition, coded “A,” rather than an open-market trade. It reflects compensation in the form of time-based restricted share units, not a purchase or sale of Avanos Medical common stock in the market.