Form 4: Mirion Technologies CEO Thomas Logan Reports Tax Withholding Share Transaction

Thomas Logan, CEO of Mirion Technologies, reports the withholding of shares to cover tax obligations related to vested restricted stock units.

Summary

• On April 1, 2024, Thomas D. Logan, CEO of Mirion Technologies, had 56,098 Class A Common Stock shares withheld by the issuer to satisfy tax obligations.
• The price per share for the tax withholding was $11.37.
• Following the transaction, Logan directly owns 755,790 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.
• These shares are held of record by Aere Perennius, LLC, a limited liability company which holds interests in trusts established for the benefit of Mr. Logan's adult children.
• Mary Hancock Logan as Investment Trustee has sole voting and dispositive power of the shares of Class B common stock held by Aere Perennius, LLC.
• Class B common stock may be exchanged for Class A common stock on a one-for-one basis following a request for redemption by the holder.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction (tax withholding). It doesn't convey any particularly positive or negative sentiment.

Industry Context

This is a routine Form 4 filing related to insider transactions, specifically the withholding of shares to cover tax obligations. It's a common practice and doesn't necessarily indicate a change in the executive's confidence in the company.

Key Dates