Form 4: Mirion Technologies' Chief Legal Officer Executes Stock Transactions Under 10b5-1 Plan

Emmanuelle Lee, Chief Legal Officer of Mirion Technologies, reports transactions involving Class A and Class B Common Stock, executed under a pre-arranged 10b5-1 trading plan.

Summary

• On July 24, 2024, Emmanuelle Lee, the Chief Legal Officer of Mirion Technologies, engaged in transactions involving the company's Class A and Class B Common Stock.
• 5,000 shares of Class B Common Stock were redeemed for 5,000 shares of Class A Common Stock, pursuant to a 10b5-1 plan adopted on March 7, 2024.
• The issuer cancelled 5,000 shares of Class B Common Stock held by the Lee Trust.
• Additionally, 5,000 shares of Class A Common Stock were sold at a weighted average price of $10.796, with individual prices ranging from $10.60 to $11.04.
• These transactions were executed through the Lee Revocable Living Trust, for which Ms. Lee and her spouse serve as trustees and beneficiaries.
• Following these transactions, Ms. Lee indirectly owns 46,153 shares of Class B Common Stock through the Lee Trust and no shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock transactions executed under a pre-existing 10b5-1 plan. There is no indication of positive or negative sentiment towards the company's prospects.

Industry Context

This filing is a routine disclosure of insider transactions. It is common for executives to use 10b5-1 plans to manage their stock sales and avoid accusations of insider trading. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.

Key Dates