[Form 4] RTX Corporation Insider Trading Activity
IQVIA Holdings Inc. (IQV) 鈥� Form 4 insider transaction
Executive Vice President & General Counsel Eric Sherbet exercised 11,870 Stock Appreciation Rights (SARs) at an exercise price of $97.20 on 07/23/2025, converting them into an equal number of common shares.
Immediately after the exercise, Sherbet:
- Sold 5,800 shares at a weighted-average $190.05 (range $189.99鈥�$190.18), generating roughly $1.1 million in gross proceeds.
- Disposed of 6,070 shares at $190.10, likely for tax-withholding.
Following the transactions, Sherbet鈥檚 direct ownership decreased to 21,108 common shares; all SARs from the 03/01/2021 grant are now fully exercised, leaving zero derivative securities outstanding.
The activity represents a net sale of the entire 11,870 shares obtained through exercise, with no new open-market purchases. While the executive retains a meaningful equity stake (鈮�$4.0 million at $190), the sale may signal profit-taking rather than incremental confidence.
IQVIA Holdings Inc. (IQV) 鈥� Transazione interna Form 4
Il Vice Presidente Esecutivo e Consigliere Generale Eric Sherbet ha esercitato 11.870 Stock Appreciation Rights (SAR) a un prezzo di esercizio di 97,20$ il 23/07/2025, convertendoli in un numero equivalente di azioni ordinarie.
Immediatamente dopo l'esercizio, Sherbet ha:
- Venduto 5.800 azioni a un prezzo medio ponderato di 190,05$ (con un intervallo tra 189,99$ e 190,18$), generando circa 1,1 milioni di dollari di proventi lordi.
- Disposto la cessione di 6.070 azioni a 190,10$, probabilmente per coprire le imposte da trattenere.
Dopo queste operazioni, la propriet脿 diretta di Sherbet 猫 diminuita a 21.108 azioni ordinarie; tutti i SAR derivanti dalla concessione del 01/03/2021 sono ora completamente esercitati, lasciando zero titoli derivati in circolazione.
L'attivit脿 rappresenta una vendita netta dell'intero ammontare di 11.870 azioni ottenute tramite esercizio, senza nuovi acquisti sul mercato aperto. Pur mantenendo una partecipazione azionaria significativa (circa 4,0 milioni di dollari al prezzo di 190$), la vendita potrebbe indicare una presa di profitto piuttosto che un aumento di fiducia.
IQVIA Holdings Inc. (IQV) 鈥� Transacci贸n interna Formulario 4
El Vicepresidente Ejecutivo y Asesor General Eric Sherbet ejerci贸 11,870 Derechos de Apreciaci贸n de Acciones (SAR) a un precio de ejercicio de $97.20 el 23/07/2025, convirti茅ndolos en un n煤mero igual de acciones comunes.
Inmediatamente despu茅s del ejercicio, Sherbet:
- Vendi贸 5,800 acciones a un precio promedio ponderado de $190.05 (rango $189.99鈥�$190.18), generando aproximadamente $1.1 millones en ingresos brutos.
- Dispuso la venta de 6,070 acciones a $190.10, probablemente para retener impuestos.
Tras las transacciones, la propiedad directa de Sherbet disminuy贸 a 21,108 acciones comunes; todos los SAR del otorgamiento del 01/03/2021 ya est谩n completamente ejercidos, quedando cero valores derivados en circulaci贸n.
La actividad representa una venta neta de la totalidad de las 11,870 acciones obtenidas mediante el ejercicio, sin nuevas compras en el mercado abierto. Aunque el ejecutivo mantiene una participaci贸n accionaria significativa (鈮�$4.0 millones al precio de $190), la venta podr铆a indicar toma de ganancias m谩s que una confianza incremental.
IQVIA Holdings Inc. (IQV) 鈥� Form 4 雮措秬鞛� 瓯半灅
靾橃劃 攵�靷灔 瓴� 氩曤 瓿犽 Eric Sherbet電� 2025雲� 7鞗� 23鞚检棎 11,870臧滌潣 欤检嫕 臧�旃� 靸侅姽 甓岆Μ(SAR)毳� 頄夓偓 臧�瓴� $97.20搿� 頄夓偓頃橃棳 霃欖澕頃� 靾橃潣 氤错喌欤茧 鞝勴櫂頄堨姷雼堧嫟.
頄夓偓 歆來泟 Sherbet電�:
- 5,800欤茧ゼ 毵る弰頄堨溂氅�, 臧�欷� 韽夑窢 臧�瓴╈潃 $190.05 (氩旍渼 $189.99鈥�$190.18)搿� 鞎� 110毵� 雼煬鞚� 齑� 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟.
- 6,070欤茧ゼ $190.10鞐� 觳橂秳頄堨溂氅�, 鞚措姅 鞎勲霃� 靹戈笀 鞗愳矞歆曥垬毳� 鞙勴暅 瓴冹溂搿� 氤挫瀰雼堧嫟.
瓯半灅 頉� Sherbet鞚� 歆侅爲 靻岇湢 欤检嫕鞚� 21,108欤�搿� 臧愳唽頄堨溂氅�, 2021雲� 3鞗� 1鞚� 攵�鞐悳 氇摖 SAR電� 鞕勳爠頌� 頄夓偓霅橃柎 韺岇儩 歃濌秾鞚� 鞝勴榾 雮晞 鞛堨 鞎婌姷雼堧嫟.
鞚措矆 頇滊彊鞚� 頄夓偓毳� 韱淀暣 鞏混潃 11,870欤� 鞝勳泊毳� 靾滊Г霃�頃� 瓴冹溂搿�, 靸堧鞚� 瓿店皽 鞁滌灔鞐愳劀 毵れ垬頃� 欤检嫕鞚� 鞐嗢姷雼堧嫟. 瓴届榿歆勳潃 靸侂嫻頃� 歆�攵�(鞎� 400毵� 雼煬, 欤茧嫻 $190 旮办)鞚� 鞙犾頃橁碃 鞛堨溂雮�, 鞚措矆 毵る弰電� 鞁犽 歃濌皜氤措嫟電� 鞚挫澋 鞁ろ槃 鞁犿樃鞚� 靾� 鞛堨姷雼堧嫟.
IQVIA Holdings Inc. (IQV) 鈥� Transaction d鈥檌niti茅 Formulaire 4
Le Vice-Pr茅sident Ex茅cutif et Conseiller Juridique Eric Sherbet a exerc茅 11 870 Droits d鈥橝ppr茅ciation d鈥橝ctions (SAR) 脿 un prix d鈥檈xercice de 97,20 $ le 23/07/2025, les convertissant en un nombre 茅gal d鈥檃ctions ordinaires.
Imm茅diatement apr猫s l鈥檈xercice, Sherbet a :
- Vendu 5 800 actions 脿 un prix moyen pond茅r茅 de 190,05 $ (fourchette 189,99鈥�190,18 $), g茅n茅rant environ 1,1 million de dollars de produit brut.
- Ali茅n茅 6 070 actions 脿 190,10 $, probablement pour couvrir la retenue d鈥檌mp么t.
Suite 脿 ces op茅rations, la d茅tention directe de Sherbet a diminu茅 脿 21 108 actions ordinaires ; tous les SAR issus de la subvention du 01/03/2021 sont d茅sormais enti猫rement exerc茅s, ne laissant aucun titre d茅riv茅 en circulation.
Cette activit茅 repr茅sente une vente nette de la totalit茅 des 11 870 actions obtenues par exercice, sans nouveaux achats sur le march茅 ouvert. Bien que le dirigeant conserve une participation significative (鈮�4,0 millions de dollars au prix de 190 $), la vente pourrait signaler une prise de b茅n茅fices plut么t qu鈥檜ne confiance accrue.
IQVIA Holdings Inc. (IQV) 鈥� Insider-Transaktion Form 4
Executive Vice President und General Counsel Eric Sherbet hat am 23.07.2025 11.870 Stock Appreciation Rights (SARs) zu einem Aus眉bungspreis von
Unmittelbar nach der Aus眉bung hat Sherbet:
- 5.800 Aktien verkauft zu einem gewichteten Durchschnittspreis von 190,05 $ (Spanne 189,99鈥�190,18 $), was etwa 1,1 Millionen $ Bruttoerl枚s einbrachte.
- 6.070 Aktien zu 190,10 $ ver盲u脽ert, wahrscheinlich zur Steuerabf眉hrung.
Nach den Transaktionen sank Sherbets Direktbesitz auf 21.108 Stammaktien; alle SARs aus der Zuteilung vom 01.03.2021 sind nun vollst盲ndig ausge眉bt, sodass keine derivativen Wertpapiere mehr ausstehen.
Die Aktivit盲t stellt einen Nettoverkauf der gesamten 11.870 durch Aus眉bung erhaltenen Aktien dar, ohne neue K盲ufe am offenen Markt. W盲hrend der Manager eine bedeutende Beteiligung beh盲lt (鈮�4,0 Mio. $ bei 190 $), k枚nnte der Verkauf eher auf Gewinnmitnahmen als auf gesteigertes Vertrauen hindeuten.
- None.
- Full disposal of shares obtained from SAR exercise suggests profit-taking rather than increased long-term commitment.
- Net insider sale of 11,870 shares may be interpreted by investors as a bearish timing signal.
Insights
TL;DR: Insider exercised SARs then sold all acquired shares, reducing net ownership 鈥� mildly negative sentiment.
The Form 4 shows a classic cashless exercise: Sherbet unlocked ~$1.1 million in value by exercising 11.9k SARs at $97.20 and immediately selling/disposing the same number of shares at 鈮�$190. Post-trade holdings revert to 21.1k shares, so absolute exposure is unchanged versus pre-exercise, but incremental buying power is not added. Because executives usually retain at least part of exercised shares when bullish, this all-out disposition leans negative, albeit modestly. From a liquidity standpoint, the move adds float but does not alter IQV鈥檚 capital position. Impact rating: -1 (slightly negative).
IQVIA Holdings Inc. (IQV) 鈥� Transazione interna Form 4
Il Vice Presidente Esecutivo e Consigliere Generale Eric Sherbet ha esercitato 11.870 Stock Appreciation Rights (SAR) a un prezzo di esercizio di 97,20$ il 23/07/2025, convertendoli in un numero equivalente di azioni ordinarie.
Immediatamente dopo l'esercizio, Sherbet ha:
- Venduto 5.800 azioni a un prezzo medio ponderato di 190,05$ (con un intervallo tra 189,99$ e 190,18$), generando circa 1,1 milioni di dollari di proventi lordi.
- Disposto la cessione di 6.070 azioni a 190,10$, probabilmente per coprire le imposte da trattenere.
Dopo queste operazioni, la propriet脿 diretta di Sherbet 猫 diminuita a 21.108 azioni ordinarie; tutti i SAR derivanti dalla concessione del 01/03/2021 sono ora completamente esercitati, lasciando zero titoli derivati in circolazione.
L'attivit脿 rappresenta una vendita netta dell'intero ammontare di 11.870 azioni ottenute tramite esercizio, senza nuovi acquisti sul mercato aperto. Pur mantenendo una partecipazione azionaria significativa (circa 4,0 milioni di dollari al prezzo di 190$), la vendita potrebbe indicare una presa di profitto piuttosto che un aumento di fiducia.
IQVIA Holdings Inc. (IQV) 鈥� Transacci贸n interna Formulario 4
El Vicepresidente Ejecutivo y Asesor General Eric Sherbet ejerci贸 11,870 Derechos de Apreciaci贸n de Acciones (SAR) a un precio de ejercicio de $97.20 el 23/07/2025, convirti茅ndolos en un n煤mero igual de acciones comunes.
Inmediatamente despu茅s del ejercicio, Sherbet:
- Vendi贸 5,800 acciones a un precio promedio ponderado de $190.05 (rango $189.99鈥�$190.18), generando aproximadamente $1.1 millones en ingresos brutos.
- Dispuso la venta de 6,070 acciones a $190.10, probablemente para retener impuestos.
Tras las transacciones, la propiedad directa de Sherbet disminuy贸 a 21,108 acciones comunes; todos los SAR del otorgamiento del 01/03/2021 ya est谩n completamente ejercidos, quedando cero valores derivados en circulaci贸n.
La actividad representa una venta neta de la totalidad de las 11,870 acciones obtenidas mediante el ejercicio, sin nuevas compras en el mercado abierto. Aunque el ejecutivo mantiene una participaci贸n accionaria significativa (鈮�$4.0 millones al precio de $190), la venta podr铆a indicar toma de ganancias m谩s que una confianza incremental.
IQVIA Holdings Inc. (IQV) 鈥� Form 4 雮措秬鞛� 瓯半灅
靾橃劃 攵�靷灔 瓴� 氩曤 瓿犽 Eric Sherbet電� 2025雲� 7鞗� 23鞚检棎 11,870臧滌潣 欤检嫕 臧�旃� 靸侅姽 甓岆Μ(SAR)毳� 頄夓偓 臧�瓴� $97.20搿� 頄夓偓頃橃棳 霃欖澕頃� 靾橃潣 氤错喌欤茧 鞝勴櫂頄堨姷雼堧嫟.
頄夓偓 歆來泟 Sherbet電�:
- 5,800欤茧ゼ 毵る弰頄堨溂氅�, 臧�欷� 韽夑窢 臧�瓴╈潃 $190.05 (氩旍渼 $189.99鈥�$190.18)搿� 鞎� 110毵� 雼煬鞚� 齑� 靾橃澋鞚� 彀届稖頄堨姷雼堧嫟.
- 6,070欤茧ゼ $190.10鞐� 觳橂秳頄堨溂氅�, 鞚措姅 鞎勲霃� 靹戈笀 鞗愳矞歆曥垬毳� 鞙勴暅 瓴冹溂搿� 氤挫瀰雼堧嫟.
瓯半灅 頉� Sherbet鞚� 歆侅爲 靻岇湢 欤检嫕鞚� 21,108欤�搿� 臧愳唽頄堨溂氅�, 2021雲� 3鞗� 1鞚� 攵�鞐悳 氇摖 SAR電� 鞕勳爠頌� 頄夓偓霅橃柎 韺岇儩 歃濌秾鞚� 鞝勴榾 雮晞 鞛堨 鞎婌姷雼堧嫟.
鞚措矆 頇滊彊鞚� 頄夓偓毳� 韱淀暣 鞏混潃 11,870欤� 鞝勳泊毳� 靾滊Г霃�頃� 瓴冹溂搿�, 靸堧鞚� 瓿店皽 鞁滌灔鞐愳劀 毵れ垬頃� 欤检嫕鞚� 鞐嗢姷雼堧嫟. 瓴届榿歆勳潃 靸侂嫻頃� 歆�攵�(鞎� 400毵� 雼煬, 欤茧嫻 $190 旮办)鞚� 鞙犾頃橁碃 鞛堨溂雮�, 鞚措矆 毵る弰電� 鞁犽 歃濌皜氤措嫟電� 鞚挫澋 鞁ろ槃 鞁犿樃鞚� 靾� 鞛堨姷雼堧嫟.
IQVIA Holdings Inc. (IQV) 鈥� Transaction d鈥檌niti茅 Formulaire 4
Le Vice-Pr茅sident Ex茅cutif et Conseiller Juridique Eric Sherbet a exerc茅 11 870 Droits d鈥橝ppr茅ciation d鈥橝ctions (SAR) 脿 un prix d鈥檈xercice de 97,20 $ le 23/07/2025, les convertissant en un nombre 茅gal d鈥檃ctions ordinaires.
Imm茅diatement apr猫s l鈥檈xercice, Sherbet a :
- Vendu 5 800 actions 脿 un prix moyen pond茅r茅 de 190,05 $ (fourchette 189,99鈥�190,18 $), g茅n茅rant environ 1,1 million de dollars de produit brut.
- Ali茅n茅 6 070 actions 脿 190,10 $, probablement pour couvrir la retenue d鈥檌mp么t.
Suite 脿 ces op茅rations, la d茅tention directe de Sherbet a diminu茅 脿 21 108 actions ordinaires ; tous les SAR issus de la subvention du 01/03/2021 sont d茅sormais enti猫rement exerc茅s, ne laissant aucun titre d茅riv茅 en circulation.
Cette activit茅 repr茅sente une vente nette de la totalit茅 des 11 870 actions obtenues par exercice, sans nouveaux achats sur le march茅 ouvert. Bien que le dirigeant conserve une participation significative (鈮�4,0 millions de dollars au prix de 190 $), la vente pourrait signaler une prise de b茅n茅fices plut么t qu鈥檜ne confiance accrue.
IQVIA Holdings Inc. (IQV) 鈥� Insider-Transaktion Form 4
Executive Vice President und General Counsel Eric Sherbet hat am 23.07.2025 11.870 Stock Appreciation Rights (SARs) zu einem Aus眉bungspreis von
Unmittelbar nach der Aus眉bung hat Sherbet:
- 5.800 Aktien verkauft zu einem gewichteten Durchschnittspreis von 190,05 $ (Spanne 189,99鈥�190,18 $), was etwa 1,1 Millionen $ Bruttoerl枚s einbrachte.
- 6.070 Aktien zu 190,10 $ ver盲u脽ert, wahrscheinlich zur Steuerabf眉hrung.
Nach den Transaktionen sank Sherbets Direktbesitz auf 21.108 Stammaktien; alle SARs aus der Zuteilung vom 01.03.2021 sind nun vollst盲ndig ausge眉bt, sodass keine derivativen Wertpapiere mehr ausstehen.
Die Aktivit盲t stellt einen Nettoverkauf der gesamten 11.870 durch Aus眉bung erhaltenen Aktien dar, ohne neue K盲ufe am offenen Markt. W盲hrend der Manager eine bedeutende Beteiligung beh盲lt (鈮�4,0 Mio. $ bei 190 $), k枚nnte der Verkauf eher auf Gewinnmitnahmen als auf gesteigertes Vertrauen hindeuten.
FAQ
How many IQV shares did Eric Sherbet sell on 07/23/2025?
What was the exercise price of the SARs converted by Sherbet?
How many IQV shares does Sherbet own after the transaction?
Did Sherbet acquire any new IQV shares on the open market?
Are there any SARs or options remaining after this filing?
What is the potential value of Sherbet鈥檚 remaining stake?
