Form 4: Masimo Executive Reports RSU Conversion Post-Merger

Charles Dadswell, EVP and General Counsel of Masimo, reports the conversion of restricted stock units following the company's acquisition by Danaher Corporation.

Summary

• Charles Dadswell, EVP and General Counsel of Masimo Corporation, filed a Form 4 regarding the disposition of restricted stock units (RSUs).
• The transaction occurred on June 10, 2026, following the completion of the merger between Masimo Corporation and Danaher Corporation.
• A total of 11,886 RSUs from an October 2025 grant and 10,261 RSUs from a March 2026 grant were disposed of as part of the merger conversion process.
• These RSUs were converted into Danaher Corporation RSUs based on a merger consideration of $180.00 per share.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing confirming the completion of a previously announced merger.

Positives

• The merger successfully closed, providing liquidity and a defined exit value of $180.00 per share for equity holders.

Negatives

• The reporting person no longer holds direct equity in Masimo Corporation as it is now a wholly owned subsidiary of Danaher Corporation.

Risks

• Integration risks associated with the transition of Masimo into a subsidiary of Danaher Corporation.

Future Outlook

Masimo is now a wholly owned subsidiary of Danaher Corporation; future performance will be integrated into Danaher's consolidated financial reporting.

Management Comments

• The transaction was executed pursuant to the Agreement and Plan of Merger dated February 16, 2026.

Industry Context

StockSavvy.ai notes that this filing confirms the finalization of a significant M&A event in the medical technology sector, reflecting ongoing consolidation trends where larger conglomerates like Danaher acquire specialized monitoring and healthcare technology firms.

Comparison to Industry Standards

• The $180.00 per share acquisition price represents a standard premium-based exit for shareholders in the medical device sector.
• The conversion of unvested equity into parent company equity is a standard practice in large-scale corporate acquisitions to ensure management retention during the integration phase.

Corporate Governance

Stakeholder Impact

• Shareholders have received the merger consideration.
• Employees and executives are transitioning to the parent company's compensation structure.

Next Steps

• Integration of Masimo operations into Danaher Corporation structure.

Key Dates

Keywords

Masimo, Danaher, Merger, Form 4, RSU, Acquisition, Executive Compensation