Form 4: Azenta SVP & CHRO Olga Pirogova Granted 16,303 RSUs

Azenta, Inc.'s Senior Vice President and Chief Human Resources Officer, Olga Pirogova, was granted 16,303 restricted stock units.

Summary

• Olga Pirogova, SVP and CHRO of Azenta, Inc. (AZTA), acquired 16,303 shares of common stock through a grant of restricted stock units (RSUs).
• The transaction date for this grant was November 24, 2025.
• No amount was paid upon the grant of these RSUs, meaning the price per share was $0.00.
• Following this transaction, Olga Pirogova beneficially owns a total of 33,038 shares of common stock.
• The RSUs are subject to time-based vesting, with 33-1/3% vesting per year, commencing on November 24, 2026.
• The number of RSUs granted was determined by dividing the target award value by the average closing price of Azenta's common stock over the 20 trading days ending on the grant date.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a key executive is a standard compensation practice, aligning management's interests with shareholders. It is positive for executive retention and a neutral to slightly positive signal for the company's governance and compensation strategy.

Positives

• The grant of restricted stock units aligns the executive's long-term interests with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• This RSU grant is a standard component of executive compensation, indicating a continued commitment to retaining key management personnel.

Future Outlook

The granted restricted stock units are subject to a time-based vesting schedule, with 33-1/3% vesting annually starting November 24, 2026, indicating a future alignment of executive incentives with long-term company performance.

Industry Context

The grant of restricted stock units to a Senior Vice President and Chief Human Resources Officer is a common practice in the life sciences and technology industries for executive compensation, aiming to attract, retain, and incentivize key talent by linking their compensation to the company's stock performance.

Related Party Transactions

• The grant of restricted stock units to Olga Pirogova, a Senior Vice President and CHRO, represents a standard compensation transaction between the company and a key executive.

Stakeholder Impact

• Shareholders: The grant represents a minor potential future dilution as shares vest, but it is a standard mechanism to align executive incentives with shareholder value creation.
• Employees: Reflects the company's ongoing executive compensation strategy, which can influence overall compensation philosophy.

Next Steps

• The restricted stock units will begin to vest on November 24, 2026, with 33-1/3% vesting annually thereafter.

Key Dates

Keywords

Azenta, AZTA, Restricted Stock Units, RSU Grant, Executive Compensation, Insider Transaction, Form 4, Olga Pirogova