Form 4: Mirion Technologies CEO Thomas Logan Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Thomas Logan, CEO of Mirion Technologies, reports transactions involving Class A and Class B common stock, including a redemption and sale executed under a 10b5-1 trading plan.

Summary

  • On October 24, 2024, Thomas Logan, CEO of Mirion Technologies, reported transactions involving the company's Class A and Class B common stock.
  • 7,500 shares of Class B common stock were redeemed for 7,500 shares of Class A common stock.
  • 7,500 shares of Class A common stock were sold at a weighted average price of $14.1087, with prices ranging from $13.87 to $14.22.
  • These transactions were executed under a Rule 10b5-1 trading plan adopted on February 27, 2024, by Aere Perennius, LLC, which holds interests in trusts for the benefit of Mr. Logan's adult children.
  • Following the reported transactions, Mr. Logan indirectly owns 2,551,371 shares of Class B common stock through Aere Perennius, LLC.
  • Mr. Logan directly owns 755,790 shares of Class A common stock and 1,544,017 shares of Class B common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of insider trading.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
  • The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
February 27, 2024Date of adoption of the Rule 10b5-1 trading plan by Aere Perennius, LLC.
October 24, 2024Date of the reported transactions (share redemption and sale).
October 28, 2024Date of signature on the Form 4 filing.

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