Form 4: Masimo Corp Director Michelle Brennan Reports Stock Transactions

Director Michelle Brennan reports acquisition and disposal of Masimo Corp stock and restricted stock units.

Summary

• On June 26, 2024, Michelle Brennan acquired 1,228 shares of Masimo Corp common stock at a price of $0.
• On the same day, she disposed of 1,228 shares of common stock.
• Also on June 26, 2023, Brennan was granted 1,228 Restricted Stock Units (RSUs) which vested on June 26, 2024, each RSU representing the right to receive one share of common stock.
• On September 19, 2024, Brennan acquired 1,790 Restricted Stock Units (RSUs) which will vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders following the date of grant.
• Following these transactions, Brennan directly owns 1,790 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider trading activity.
• It can influence investor sentiment depending on the nature and volume of transactions.

Key Dates