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

  • Thomas Logan, the CEO of Mirion Technologies, reported changes in his beneficial ownership of the company's stock.
  • On August 23, 2024, 7,500 shares of Class B common stock were redeemed for 7,500 shares of Class A common stock.
  • Also on August 23, 2024, 7,500 shares of Class A common stock were sold at an average price of $10.9987.
  • These transactions were executed under a Rule 10b5-1 trading plan adopted by Aere Perennius, LLC on February 27, 2024.
  • Following these transactions, Mr. Logan indirectly owns 2,566,371 shares of Class B common stock through Aere Perennius, LLC, and 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, but rather reports factual information.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. The use of a 10b5-1 trading plan suggests that these transactions were pre-planned and intended to 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, but the effect is likely minimal given the relatively small volume of shares involved.

Key Dates

DateDescription
February 27, 2024Date of adoption of Rule 10b5-1 trading plan by Aere Perennius, LLC
August 23, 2024Date of Class B to Class A stock redemption and Class A stock sale
August 27, 2024Date of signature on the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.