MRK
Merck & Co, INC
NYSE
Form 4: Merck EVP & CFO Caroline Litchfield Reports Acquisition of 23,432 Shares Following Performance Share Unit Payout
Sentiment:
SEC Form 4 Filing
29 January 2025 6:21 PM
Caroline Litchfield, EVP & CFO of Merck & Co., Inc., acquired 23,432 shares of common stock on January 27, 2025, following the satisfaction of performance criteria for performance share units.
Better than expected
The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Summary
- On January 27, 2025, Caroline Litchfield, the EVP & CFO of Merck & Co., Inc., acquired 23,432 shares of Merck's common stock.
- The acquisition was a result of the satisfaction of performance criteria for performance share units granted on March 31, 2022.
- The performance shares were paid out at 169 percent of the target awards and include dividends accrued over the three-year performance period ending December 31, 2024.
- The price per share was $97.94.
- Following the transaction, Litchfield directly owns 74,340.194 shares of Merck common stock.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as the acquisition of shares by the CFO, resulting from the vesting of performance share units above target, suggests confidence in the company's performance and future prospects.
Positives
- The vesting of performance share units at 169% suggests strong company performance over the three-year performance period.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates the acquisition of shares by a key executive, which can be interpreted as a sign of confidence in the company's future performance.
Stakeholder Impact
- The acquisition of shares by a key executive could positively influence shareholder sentiment.
Key Dates
- 03/31/2022: Date of grant for the performance share units.
- 12/31/2024: End of the three-year performance period for the performance share units.
- 01/27/2025: Date of the transaction (acquisition of shares).
- 01/29/2025: Date of signature on the Form 4 filing.
Keywords
MRK
Merck & Co, INC
NYSE
Sector: TBD
Filings with Classifications
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Quarterly Report
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Delay expected
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Quarterly Report
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Delay expected
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Annual Results
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Worse than expected
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Annual Results
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Better than expected
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Earnings Release
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Better than expected
29 January 2025 6:27 PM
SEC Form 4
- The performance shares were paid out at 169 percent of target awards, indicating that the company exceeded its performance goals during the three-year period.
Better than expected
29 January 2025 6:25 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating that the company exceeded its performance goals.
Better than expected
29 January 2025 6:23 PM
SEC Form 4
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Better than expected
29 January 2025 6:21 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Better than expected
29 January 2025 6:19 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Better than expected
29 January 2025 6:17 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Better than expected
29 January 2025 6:14 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Better than expected
29 January 2025 6:12 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Better than expected
29 January 2025 6:09 PM
SEC Form 4 Filing
- The performance shares were paid out at 169 percent of target awards, indicating better than expected performance.
Delay expected
6 November 2024 4:05 PM
Quarterly Report
- Merck is currently working to incorporate guidance from regulatory authorities into the company's clinical trial design for its two prospective Gardasil 9 single-dose trials, consequently, the trials will not be started in 2024.
Worse than expected
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Quarterly Report
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Better than expected
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Quarterly Report
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Delay expected
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Quarterly Report
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Quarterly Report
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Capital raise
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Better than expected
3 May 2024 4:10 PM
Quarterly Report
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Better than expected
25 April 2024 6:41 AM
Quarterly Report
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Worse than expected
26 February 2024 4:06 PM
Annual Results
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- The company experienced a substantial decline in Lagevrio sales, which is worse than the previous year.
Worse than expected
1 February 2024 6:39 AM
Quarterly Report
- The company reported a GAAP loss per share for the fourth quarter and a significantly lower EPS for the full year compared to the previous year, primarily due to charges related to collaborations and business development transactions.
- Non-GAAP EPS also declined significantly compared to the previous year, indicating a weaker financial performance despite excluding certain items.
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