Teleflex (TFX) CEO Jason Weidman receives new RSU and stock option grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teleflex President and CEO Jason R. Weidman received new equity compensation awards. He was granted 53,983 shares of common stock as a restricted stock unit award under the Teleflex Incorporated 2023 Stock Incentive Plan, and 26,071 stock options with an exercise price of $131.74 per share.
For the restricted stock units, 25% of the underlying shares will vest on each of June 8, 2027, 2028, 2029 and 2030, if he remains in continuous service through each date. For the stock options, one third of the underlying shares will vest on each of June 8, 2027, 2028 and 2029, also subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Weidman Jason R.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option / (Right to Buy) | 26,071 | $0.00 | -- |
| Grant/Award | Common Stock | 53,983 | $0.00 | -- |
Holdings After Transaction:
Stock Option / (Right to Buy) — 26,071 shares (Direct, null);
Common Stock — 53,983 shares (Direct, null)
Footnotes (1)
- Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan. 25% of the shares underlying the award will vest on each of 6/8/2027, 6/8/2028, 6/8/2029 and 6/8/2030, subject to Reporting Person's continuous service to the Issuer through each such vesting date. One third of the shares underlying the stock option will vest on each of 6/8/2027, 6/8/2028, and 6/8/2029, subject to Reporting Person's continuous service to the Issuer through each such vesting date.
Key Figures
RSU grant size: 53,983 shares
Option grant size: 26,071 options
Option exercise price: $131.74 per share
+5 more
8 metrics
RSU grant size
53,983 shares
Restricted Stock Unit Award to CEO on June 8, 2026
Option grant size
26,071 options
Stock option award to CEO on June 8, 2026
Option exercise price
$131.74 per share
Conversion or exercise price for new stock options
RSU vesting schedule
25% annually 2027–2030
RSUs vest on June 8, 2027, 2028, 2029, 2030
Option vesting schedule
One third annually 2027–2029
Options vest on June 8, 2027, 2028, 2029
Common shares after RSU grant
53,983 shares
Total common stock held directly following RSU award
Options after grant
26,071 options
Total stock options held directly following grant
Option expiration date
June 8, 2036
Expiration of newly granted stock options
Key Terms
Restricted Stock Unit Award, Teleflex Incorporated 2023 Stock Incentive Plan, Stock Option / (Right to Buy), exercise price, +1 more
5 terms
Restricted Stock Unit Award financial
"Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Teleflex Incorporated 2023 Stock Incentive Plan financial
"Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan."
Stock Option / (Right to Buy) financial
"Stock Option / (Right to Buy) with an exercise price of 131.7400."
exercise price financial
"conversion_or_exercise_price: 131.7400 for the stock option grant."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"shares underlying the award will vest on each of 6/8/2027, 6/8/2028, 6/8/2029 and 6/8/2030."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What equity awards did Teleflex (TFX) CEO Jason R. Weidman receive?
Jason R. Weidman received 53,983 restricted stock units and 26,071 stock options. Both awards are part of his compensation and were granted with no cash price per share on the grant date, aligning his interests with long-term Teleflex performance.
How do the new restricted stock units for Teleflex (TFX) CEO vest?
The 53,983 restricted stock units vest in four equal annual installments of 25%. Vesting occurs on June 8, 2027, 2028, 2029 and 2030, provided Jason R. Weidman remains in continuous service with Teleflex through each vesting date.
What are the key terms of the new Teleflex (TFX) stock options granted to the CEO?
Jason R. Weidman received 26,071 stock options with a $131.74 exercise price per share. One third of the underlying shares will vest on June 8, 2027, 2028 and 2029, contingent on his continued service with Teleflex through each vesting date.
Are Jason R. Weidman’s new Teleflex (TFX) awards open-market purchases or compensation grants?
The awards are compensation grants, not open-market purchases. Both the 53,983 restricted stock units and 26,071 stock options were granted at a stated price of $0.00 per share on the grant date, reflecting equity-based executive compensation.
Under which plan were the new Teleflex (TFX) equity awards to the CEO granted?
The restricted stock unit award to Jason R. Weidman was granted under the Teleflex Incorporated 2023 Stock Incentive Plan. This plan provides for equity-based compensation, including RSUs and stock options, to align executives with shareholder value over time.
When do the new Teleflex (TFX) CEO stock options expire?
The 26,071 stock options granted to Jason R. Weidman expire on June 8, 2036. He may exercise vested options at an exercise price of $131.74 per share any time before expiration, subject to Teleflex’s plan terms and his continued service conditions.