Form 4: MKS Instruments Director Peter Cannone III Reports Acquisition of Restricted Stock Units
SEC Form 4
Director Peter Cannone III reports acquisition of restricted stock units in MKS Instruments, Inc.
Summary
- On May 7, 2024, Peter Cannone III, a director of MKS Instruments, Inc., reported the acquisition of restricted stock units.
- The filing indicates the acquisition of 1,621.797 restricted stock units.
- Cannone also reported owning 7,132.741 shares of common stock following the reported transactions.
- The restricted stock units vest the day prior to the first annual meeting of shareholders following the grant date, or 13 months after the grant date if no such meeting occurs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting insider transactions. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership stake of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of transaction: Acquisition of restricted stock units and common stock ownership. |
| 05/08/2024 | Date of signature for the Form 4 filing. |
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