Form 4: MKS Instruments Director Elizabeth Mora Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director Elizabeth Mora sold 275 shares of MKS Instruments (MKSI) at $115.97 per share on September 3, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On September 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 $115.97 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on February 15, 2024.
- Following the transaction, Mora directly owns 17,934.055 shares of MKS Instruments.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The use of a 10b5-1 plan suggests the sale was pre-planned and does not necessarily reflect a negative outlook on the company.
Industry Context
Sales by company directors are a normal part of corporate governance. The use of a 10b5-1 trading plan indicates that the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 trading plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| February 15, 2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| September 03, 2024 | Date of the transaction (sale of shares) |
| September 04, 2024 | Date of signature for the Form 4 filing |
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