Insider Trends: Edwards Lifesciences Insider Converts/Exercises Derivative Security, Sells for Taxes and Self, Buying Trend Remains Intact
10:05 AM EDT, 05/11/2021 (MT Newswires) -- On May 07, 2021, CVP, Tavr, Larry L Wood, exercised options/derivative securities for 7,830 shares. A portion of these optioned shares (679 shares) were sold for tax obligations and an additional 8,509 shares were sold for $784,381. Subsequent to the Form 4 filing with the SEC, Wood controls 368,174 shares of company stock of which 367,678 shares are held directly and 496 are owned indirectly. These holdings have an approximate market value of $33.3 million as of the prior-day closing price. In addition the company has granted Wood stock options of which 54,810 are currently in the money and have an approximate value of $3,025,693 as of yesterday's closing price.
During the most recent 90-day period, prior to the date of this filing, there have been 18 insider transactions reported to the SEC for Edwards Lifesciences. These transactions came from the activities of 15 different insiders that resulted in a net acquisition of 238,860 company shares. Relative to the preceding 90-day window of time, there were 30 transactions from 8 insiders and resulted in the net acquisition of 214,040 shares.
This is a lower level of transactions than the peer group average in the 100-company Advanced Medical Equipment & Technology peer group over the last 90-day period. Activity in the peer group averaged 111.5 transactions per company, and disposition of 3,229 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1099800/000122520821007899/xslF345X03/doc4.xml
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