Form 4: Haemonetics Corp Executive Miller A. Laurie Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Laurie A. Miller, SVP of Human Resources at Haemonetics Corp, reports disposals of common stock 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, 2025, 206 shares of common stock were disposed of at $69.38 per share to cover tax obligations related to vesting restricted stock units (RSUs).
- On May 16, 2025, 477 shares of common stock were disposed of at $70.31 per share for the same reason.
- Following these transactions, Miller directly owns 17,274 shares of Haemonetics Corp, which includes unvested RSUs and 150 shares acquired through the Employee Stock Purchase Plan on October 31, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax obligations, a routine activity. There's no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Comparison to Industry Standards
- Form 4 filings are a standard regulatory requirement for corporate insiders in publicly traded companies, ensuring transparency in stock transactions.
- Similar filings are made by executives at companies like Medtronic and Baxter International when they engage in stock transactions.
- The details disclosed, such as the number of shares, transaction price, and reason for the transaction (e.g., tax obligations), are consistent with industry norms for Form 4 reporting.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on stakeholders as it is a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| October 31, 2024 | Reporting person acquired 150 shares under the Issuer's 2007 Employee Stock Purchase Plan (as amended). |
| May 15, 2025 | 206 shares of common stock disposed of for tax obligations at $69.38. |
| May 16, 2025 | 477 shares of common stock disposed of for tax obligations at $70.31. |
| May 19, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, HAEMONETICS CORP, HAE, Miller Laurie A., Stock Disposal, Tax Obligations, Restricted Stock Units, Employee Stock Purchase Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.