Teleflex (NYSE: TFX) director receives new RSU and option grants
Rhea-AI Filing Summary
Teleflex director Stuart A. Randle reported new equity awards and related tax withholding transactions. He received a Restricted Stock Unit Award for 4,663 shares of common stock and an additional RSU award for 995 shares, both granted under the Teleflex Incorporated 2023 Stock Incentive Plan with vesting tied to the 2027 Annual Meeting and specified dates.
He was also granted a stock option for 2,192 shares of common stock at an exercise price of $131.74 per share, expiring on June 8, 2036, with vesting terms linked to continued board service through around the 2027 Annual Meeting. Separately, 4,054 shares of common stock were withheld at $129.84 per share to satisfy tax liabilities upon vesting of a prior RSU award. Following these transactions, Randle directly holds 21,187 shares of common stock, in addition to the newly granted option award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option / (Right to Buy) | 2,192 | $0.00 | -- |
| Grant/Award | Common Stock | 995 | $0.00 | -- |
| Grant/Award | Common Stock | 4,663 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,054 | $129.84 | $526K |
Footnotes (1)
- Shares withheld to satisfy tax liability upon vesting of restricted stock unit award. Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan. Award vests 100% on 5/15/2027; provided, however, if the reporting person does not stand for re-election to the issuer's board of directors at the issuer's 2027 annual meeting of stockholders (the "2027 Annual Meeting"), the award will vest on the earlier of 5/15/2027 and the date of the 2027 Annual Meeting, so long as such meeting is held at least 50 weeks after the issuer's 2026 annual meeting of stockholders (the "2026 Annual Meeting"). Restricted Stock Unit Award granted pursuant to the Teleflex Incorporated 2023 Stock Incentive Plan. Award vests 100% on the earlier of the one-year anniversary of the grant date and the date of the 2027 Annual Meeting. Stock Option Award vests 100% on 5/15/2027; provided, however, if the reporting person does not stand for re-election to the Board at the 2027 Annual Meeting, the award will vest on the earlier of 5/15/2027 and the date of the 2027 Annual Meeting, so long as such meeting is held at least 50 weeks after the 2026 Annual Meeting.