Form 4: Mirion Technologies Director Jody Markopoulos Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Jody Markopoulos reports acquisition of 7,977 restricted stock units in Mirion Technologies, Inc.

Summary

  • On May 15, 2025, Jody Markopoulos, a director of Mirion Technologies, Inc., acquired 7,977 shares of Class A Common Stock in the form of restricted stock units.
  • These restricted stock units were granted as compensation and will vest in four equal quarterly installments.
  • The vesting dates are September 15, 2025, December 15, 2025, March 15, 2026, and the earlier of the first anniversary of the grant date or the date of the annual stockholder meeting following the grant date.
  • The vesting is contingent upon the director's continued service on the Board through each vesting date.
  • Following the transaction, Markopoulos directly owns 73,246 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of restricted stock units by a director is a common practice and signals alignment with shareholder interests. The vesting schedule incentivizes continued service.

Positives

  • The acquisition of restricted stock units aligns the director's interests with those of the shareholders.
  • The vesting schedule incentivizes continued service on the board.

Future Outlook

The director's continued service on the board is tied to the vesting of the restricted stock units, suggesting a commitment to the company's future.

Industry Context

This type of equity compensation is common for directors of publicly traded companies to align their interests with shareholders.

Comparison to Industry Standards

  • Granting restricted stock units to directors is a standard practice among publicly traded companies, such as Fortive, Danaher, and Roper Technologies, to incentivize performance and align interests with shareholders.
  • The vesting schedules, typically quarterly or annually, are also consistent with industry norms.

Stakeholder Impact

  • Shareholders may view this as a positive sign, as it aligns the director's interests with the company's performance.
  • Employees may see this as a sign of stability and commitment from the board.

Key Dates

DateDescription
05/15/2025Date of transaction: Acquisition of restricted stock units.
05/16/2025Date of signature on the Form 4 filing.
09/15/2025First vesting date for the restricted stock units.
12/15/2025Second vesting date for the restricted stock units.
03/15/2026Third vesting date for the restricted stock units.

Keywords

Mirion Technologies, Director, Stock Units, Form 4, Beneficial Ownership, Markopoulos, Restricted Stock

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