Form 4: Haemonetics Corp Executive Miller A. Laurie Reports Stock Disposals for Tax Obligations

Laurie A. Miller, SVP of Human Resources at Haemonetics Corp, reports disposing of shares to cover tax obligations related to vesting restricted stock units.

Summary

• Laurie A. Miller, SVP of Human Resources at Haemonetics Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 15, 2024, 233 shares of common stock were disposed of at a price of $96.49 per share to cover tax obligations.
• On May 16, 2024, an additional 233 shares of common stock were disposed of at a price of $94.8 per share for the same reason.
• Following these transactions, Miller directly owns 14,160 shares of Haemonetics Corp.
• This number includes unvested RSUs, 134 shares acquired on October 31, 2023, and 129 shares acquired on April 30, 2024, under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock disposals for tax purposes, which is a normal part of executive compensation.

Industry Context

Executive stock transactions are common and often related to compensation and tax planning. These transactions are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the small number of shares involved.

Key Dates