Form 4: Mirion Technologies CEO Thomas Logan Reports Stock Transactions

Thomas Logan, CEO of Mirion Technologies, reports acquisition of Class A Common Stock and holdings in Class B Common Stock, including indirect ownership through Aere Perennius, LLC.

Summary

• Thomas D. Logan, CEO of Mirion Technologies, filed a Form 4 detailing changes in beneficial ownership.
• On March 1, 2024, Logan acquired 156,626 shares of Class A Common Stock at $0 per share.
• Following the transaction, Logan directly owns 811,888 shares of Class A Common Stock and 1,544,017 shares of Class B Common Stock.
• Logan also indirectly owns 2,596,371 shares of Class B Common Stock through Aere Perennius, LLC.
• The reported transaction includes restricted stock units that will vest in three equal annual installments starting on March 1, 2025, subject to continued employment.
• Shares of Class B common stock may be exchanged for shares of Class A common stock of the Issuer on a one-for-one basis following a request for redemption by the holder.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of restricted stock units aligns the CEO's interests with the long-term performance of the company, as the vesting is contingent on continued employment.

Future Outlook

The restricted stock units will vest in three equal annual installments starting on March 1, 2025, subject to the Reporting Person's continued employment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's stock ownership.

Key Dates