Integra (IART) EVP receives 92,108 RSUs and surrenders shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTEGRA LIFESCIENCES HOLDINGS CORP executive Michael J. McBreen, EVP & President, CSS, received a grant of 92,108 restricted stock units that will vest 33% on the first and second anniversaries and 34% on the third anniversary of the 3/11/2026 grant date.
To cover tax obligations, he disposed of 2,354 and 7,247 shares of common stock at $9.55 and $9.61 per share through tax-withholding transactions, not open-market sales. Following these transactions, he directly holds 60,743 common shares and the new 92,108 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
McBreen Michael J.
Role
EVP & President, CSS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 92,108 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,247 | $9.61 | $70K |
| Tax Withholding | Common Stock | 2,354 | $9.55 | $22K |
Holdings After Transaction:
Restricted Stock Units — 92,108 shares (Direct);
Common Stock — 60,743 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Integra LifeSciences (IART) report in this Form 4 for Michael McBreen?
Integra LifeSciences reported that EVP & President, CSS Michael J. McBreen received a grant of 92,108 restricted stock units and had shares withheld in two transactions to satisfy tax obligations linked to his equity compensation awards.
How many restricted stock units did IART grant to executive Michael McBreen?
Michael McBreen was granted 92,108 restricted stock units tied to Integra LifeSciences common stock. These RSUs vest over three years, with 33% vesting on the first and second anniversaries and 34% vesting on the third anniversary of the March 11, 2026 grant date.
How will Michael McBreen’s new IART restricted stock units vest over time?
The 92,108 restricted stock units vest in three tranches: 33% on the first anniversary of the March 11, 2026 grant date, another 33% on the second anniversary, and the remaining 34% on the third anniversary, subject to the award’s standard vesting conditions.
What do the F-code transactions mean in this IART Form 4 filing?
The F-code entries show 2,354 and 7,247 common shares were disposed of to pay tax liabilities by delivering shares. These are tax-withholding dispositions at $9.55 and $9.61 per share, not open-market sales, and are typical for equity compensation vesting events.