Form 4: Masimo Corp Director Timothy J. Scannell Reports Stock Transactions
SEC Form 4 Filing
Director Timothy J. Scannell reports acquisition and disposal of Masimo Corp stock and restricted stock units on April 29, 2025.
Summary
- On April 29, 2025, Timothy J. Scannell, a director of Masimo Corp, reported transactions involving the company's stock and restricted stock units (RSUs).
- Scannell acquired 1,383 shares of common stock through the vesting of restricted stock units.
- Scannell also disposed of 1,383 shares of common stock.
- Additionally, Scannell acquired 1,225 restricted stock units that 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, Scannell directly owns 1,225 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of grant for RSUs that vested in full on the date of the next annual meeting of stockholders following the date of grant. |
| 04/29/2025 | Date of transaction: Acquisition and disposal of common stock and grant of new RSUs. |
| 04/29/2035 | Expiration date for 1,225 Restricted Stock Units granted on April 29, 2025. |
| 05/01/2025 | Date of signature for the report. |
Keywords
Form 4, Masimo Corp, MASI, Director, Stock, Restricted Stock Units, RSU, Scannell, Beneficial Ownership, Transaction
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