Form 4: Masimo Corp COO Bilal Muhsin Executes Stock Option and Sells Shares Under 10b5-1 Plan

Bilal Muhsin, Chief Operating Officer of Masimo Corp, exercised stock options and sold shares of common stock on March 10, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 10, 2025, Bilal Muhsin, the Chief Operating Officer of Masimo Corp, exercised a non-qualified stock option to purchase 30,000 shares of Masimo's common stock at a price of $37.84 per share.
• Simultaneously, Muhsin sold a total of 30,000 shares acquired from the option exercise and an additional 17,518 shares of common stock in multiple transactions.
• The sales were executed under a pre-arranged trading plan (Rule 10b5-1(c)) to satisfy the affirmative defense conditions.
• The sale prices ranged from $163.28 to $171.76 per share.
• Following these transactions, Muhsin directly owns 24,172 shares of Masimo Corp common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects routine transactions under a pre-existing trading plan. There's no indication of positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives to have pre-arranged trading plans to diversify their holdings and avoid accusations of trading on inside information. The market will likely interpret this as a standard transaction unless the volume is unusually high or low compared to historical insider trading activity.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature of the sales mitigates concerns about insider information being used.

Key Dates