Form 4: Masimo Director Craig B. Reynolds Sells Shares Under 10b5-1 Plan

Director Craig B. Reynolds of Masimo Corp. sold 2,053 shares of common stock on March 14, 2025, at a weighted average price of $166.1315 per share, pursuant to a pre-arranged 10b5-1 trading plan.

Summary

• Craig B. Reynolds, a director of Masimo Corporation, sold 2,053 shares of common stock on March 14, 2025.
• The sale was executed under a pre-arranged trading plan that satisfies the requirements of Rule 10b5-1(c) of the Securities Exchange Act of 1934.
• The weighted average sale price was $166.1315 per share, with individual prices ranging from $166.02 to $166.34.
• Following the transaction, Reynolds directly owns 16,581 shares of Masimo common stock.

Sentiment

Score: 5

Explanation: The document is a standard Form 4 filing, indicating a routine transaction. The use of a 10b5-1 plan suggests the sale was pre-planned and doesn't necessarily reflect a negative outlook on the company.

Industry Context

Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider information.

Key Dates