Form 4: Mirion Technologies CEO Thomas Logan Reports Share Transactions
SEC Form 4 Filing
Thomas Logan, CEO of Mirion Technologies, reports transactions involving Class A and Class B common stock, including acquisitions, disposals, and conversions, primarily through Aere Perennius, LLC.
Summary
- On May 28, 2024, Thomas Logan, the CEO of Mirion Technologies, reported transactions involving the company's Class A and Class B common stock.
- These transactions were primarily conducted through Aere Perennius, LLC, a limited liability company holding interests in trusts for Logan's adult children.
- The transactions included the issuance of 7,500 shares of Class A common stock to Aere Perennius, LLC, resulting from the redemption of 7,500 shares of Class B common stock.
- Additionally, 7,500 shares of Class A common stock were sold at a price of $10.86 per share.
- Following these transactions, Logan indirectly owns 2,588,871 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.
- The sales were executed under a Rule 10b5-1 trading plan adopted by Aere Perennius, LLC on February 27, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are required by the SEC.
- The transactions are not unusual in size or nature compared to similar filings by executives at other publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership structure.
- The impact on other stakeholders (employees, customers, suppliers, creditors) is likely negligible.
Key Dates
| Date | Description |
|---|---|
| February 27, 2024 | Aere Perennius, LLC adopted a Rule 10b5-1 trading plan. |
| May 28, 2024 | Date of the reported transactions involving Class A and Class B common stock. |
| May 30, 2024 | Date 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.