Form 4: Masimo Corp Interim CEO Michelle Brennan Reports Stock Transactions
SEC Form 4 Filing
Interim CEO of Masimo Corp, Michelle Brennan, reports acquisition and disposal of common stock and vesting of restricted stock units.
Summary
- On February 12, 2025, Michelle Brennan, Interim CEO of Masimo Corp, reported transactions involving Masimo's common stock.
- Brennan acquired 8,916 shares of common stock upon the vesting of restricted stock units (RSUs).
- She also disposed of 4,816 shares to satisfy tax withholding obligations at a price of $179.51 per share.
- Following these transactions, Brennan beneficially owns 5,328 shares of Masimo common stock.
- The RSUs, granted on October 31, 2024, vested fully upon the appointment of a new Chief Executive Officer of the Company.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Reporting Person was granted 8,916 restricted stock units |
| 02/12/2025 | Date of stock acquisition and disposal transactions. |
| 02/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Masimo Corp, Michelle Brennan, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership, Insider Trading
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