Form 4: Azenta Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
Azenta, Inc. director Quentin Koffey received an annual grant of 5,663 unrestricted shares valued at $215,000.
Summary
- Quentin Koffey, a Director at Azenta, Inc., was granted 5,663 shares of common stock on February 5, 2026.
- This grant is an annual award under the Issuer's 2020 Equity Incentive Plan.
- The value of the grant was determined to be $215,000, based on a share price of $37.97.
- This share price was calculated using the average daily closing price for the 20 trading days prior to February 5, 2026.
- Following this transaction, Mr. Koffey directly owns 10,698 shares and indirectly beneficially owns 4,611,752 shares.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, reflecting standard director compensation practices rather than significant company performance news.
Positives
- Director Quentin Koffey received a significant annual stock grant, indicating continued investment in leadership.
- The grant is part of a structured equity incentive plan, aligning director compensation with company performance.
- Mr. Koffey's direct and indirect beneficial ownership of Azenta shares remains substantial, showing strong commitment.
Risks
- The value of the stock grant is subject to market fluctuations, as the share price is based on average closing prices.
- Indirect beneficial ownership is subject to disclaimer of beneficial ownership except to the extent of pecuniary interest, which could introduce complexity.
Future Outlook
The filing does not contain specific forward-looking statements or guidance. However, the annual grant structure implies a continued compensation strategy for directors.
Industry Context
StockSavvy.ai notes that annual equity grants to directors are a common practice in the technology and semiconductor sectors, aiming to retain experienced leadership and align their interests with shareholders. Azenta's approach appears consistent with industry norms.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Incentive Plan | Annual grant of unrestricted shares under the Issuer's 2020 Equity Incentive Plan. | 02/05/2026 | Reinforces alignment between director compensation and company performance, and aids in director retention. |
| Beneficial Ownership | Reporting Person may be deemed beneficial owner of shares held by entities he controls, with disclaimer of beneficial ownership except to the extent of pecuniary interest. | 02/05/2026 | Clarifies reporting obligations and potential indirect ownership, while maintaining a degree of separation for certain holdings. |
Stakeholder Impact
- Shareholders: The grant is a standard compensation practice and does not immediately dilute ownership significantly. The continued commitment of directors is generally viewed positively.
- Employees: The equity incentive plan structure may extend to employees, fostering a culture of ownership and performance.
- Management: Reinforces the alignment of director compensation with company performance and strategic goals.
Next Steps
- Continued service of Quentin Koffey as a Director on the Azenta, Inc. Board.
- Potential future annual equity grants to directors based on the Issuer's 2020 Equity Incentive Plan.
Key Dates
| Date | Description |
|---|---|
| 02/05/2026 | Transaction Date for stock grant and earliest transaction date. |
| 05/12/2026 | Date of Report Signature. |
Keywords
Azenta Inc, AZTA, Form 4, Stock Grant, Director Compensation, Equity Incentive Plan, Beneficial Ownership, SEC Filing
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