Form 4: MKS Instruments Director Elizabeth Mora Sells 275 Shares Under 10b5-1 Trading Plan
SEC Form 4
Director Elizabeth Mora sold 275 shares of MKS Instruments (MKSI) common stock at a price of $129.41 per share on June 3, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On June 3, 2024, Elizabeth Mora, a director of MKS Instruments Inc. (MKSI), sold 275 shares of common stock.
- The sale was executed at a price of $129.41 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on February 15, 2024.
- Following the transaction, Mora directly owns 18,209.055 shares of MKS Instruments Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was pre-planned under a 10b5-1 trading plan and doesn't necessarily reflect the director's current outlook on the company.
Industry Context
Insider transactions are routinely monitored to gauge executive sentiment and potential future performance, but sales under 10b5-1 plans are less indicative of current sentiment due to their pre-arranged nature.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, although the pre-planned nature of the sale mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| February 15, 2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| June 03, 2024 | Date of the transaction (sale of common stock) |
| June 04, 2024 | Date of signature for the Form 4 filing |
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