Form 4: Masimo Corp Director Craig B Reynolds Reports Stock Transaction
SEC Form 4 Filing
Director Craig B Reynolds of Masimo Corp reports the vesting and conversion of restricted stock units into common stock.
Summary
- On June 26, 2024, Craig B Reynolds, a director of Masimo Corp, reported a transaction involving restricted stock units (RSUs).
- The transaction involved the conversion of 1,228 RSUs into 1,228 shares of common stock.
- These RSUs were granted on June 26, 2023, and vested in full on June 26, 2024.
- Following the transaction, Reynolds directly owns 18,634 shares of Masimo Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction slightly increases the number of outstanding shares, which could have a marginal dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/26/2023 | RSUs were granted |
| 06/26/2024 | RSUs vested and converted to common stock |
| 06/28/2024 | Date of signature on the Form 4 filing |
| 06/25/2033 | Expiration date of the Restricted Stock Units |
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