Merit Medical (NASDAQ: MMSI) CEO granted 28,198 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aronson Martha Goldberg reported acquisition or exercise transactions in this Form 4 filing.
Merit Medical Systems director and President and CEO Martha Goldberg Aronson reported an equity award of 28,198 shares of common stock in the form of restricted stock units. These RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, contingent on her continued service. After this grant, she directly holds 47,792 common shares, aligning a portion of her compensation with the company’s future performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Aronson Martha Goldberg
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, No Par Value | 28,198 | $0.00 | -- |
Holdings After Transaction:
Common Stock, No Par Value — 47,792 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MMSI President and CEO Martha Goldberg Aronson report?
Martha Goldberg Aronson reported an equity award of 28,198 restricted stock units in Merit Medical Systems common stock. These RSUs are a form of compensation that convert into shares over time, tying part of her pay to the company’s stock performance and long-term service.
What are the vesting terms of the MMSI restricted stock units granted to the CEO?
The restricted stock units granted to Martha Goldberg Aronson vest in three equal annual installments over three years. Vesting occurs on each of the first three anniversaries of the grant date, and each RSU converts into one share of Merit Medical Systems common stock upon vesting, subject to continued service.
Does the MMSI CEO’s Form 4 transaction involve a stock purchase or sale?
The transaction reflects an equity award, not a market purchase or sale. Martha Goldberg Aronson received 28,198 restricted stock units as compensation, with no cash price per share reported, and the units convert into common stock over time if service-based vesting conditions are met.
How do the CEO’s RSUs in MMSI convert into common stock?
Each restricted stock unit granted to Martha Goldberg Aronson represents the contingent right to receive one share of MMSI common stock. The RSUs convert into shares as they vest in three equal annual installments, assuming she continues in service through each vesting date as specified.