Form 4: Masimo Corp Director Craig B Reynolds Acquires Restricted Stock Units
SEC Form 4 Filing
Director Craig B Reynolds acquired 1,790 restricted stock units (RSUs) of Masimo Corp on September 19, 2024, which will vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders.
Summary
- Craig B Reynolds, a director of Masimo Corp, reported a transaction on September 19, 2024.
- Reynolds acquired 1,790 Restricted Stock Units (RSUs).
- Each RSU represents the right to receive one share of Masimo Corp common stock upon vesting.
- The RSUs will vest in full on the earlier of September 19, 2025, or the date of the next annual meeting of stockholders following the grant date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders, allowing investors to monitor their investment.
Stakeholder Impact
- The acquisition of RSUs by a director can be seen as a positive sign, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/19/2024 | Date of the transaction: Craig B Reynolds acquired 1,790 Restricted Stock Units (RSUs). |
| 09/19/2024 | Date of RSU grant. |
| 09/19/2034 | Expiration date of the Restricted Stock Units. |
| 09/23/2024 | Date of signature on the Form 4 filing. |
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