Form 4: Mirion Technologies CEO Thomas Logan Reports Stock 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, executed through a 10b5-1 trading plan.
Summary
- Thomas Logan, the CEO of Mirion Technologies, filed a Form 4 detailing changes in beneficial ownership.
- On September 24, 2024, 7,500 shares of Class B common stock were disposed of, and 7,500 shares of Class A common stock were acquired through a redemption process.
- These transactions were executed under a pre-arranged 10b5-1 trading plan adopted on February 27, 2024.
- Additionally, 7,500 shares of Class A common stock were sold at a weighted average price of $10.4732, with individual prices ranging from $10.32 to $10.75.
- Following these transactions, Logan beneficially owns 755,790 shares of Class A common stock and 1,544,017 shares of Class B common stock directly, and 2,558,871 shares of Class B common stock indirectly through Aere Perennius, LLC.
- Logan disclaims ownership of shares held by Aere Perennius, LLC, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the CEO's stock transactions as an indicator of management's confidence in the company.
- The transactions executed under a 10b5-1 plan ensure compliance with insider trading regulations.
Key Dates
| Date | Description |
|---|---|
| February 27, 2024 | Date of adoption of Rule 10b5-1 trading plan by Aere Perennius, LLC |
| September 24, 2024 | Date of stock transactions (acquisition and disposal) |
| September 26, 2024 | Date of signature on the Form 4 filing |
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