Form 4: MKS Instruments EVP & COO James Schreiner Reports Stock Transactions
SEC Form 4
James Schreiner, EVP & COO of MKS Instruments, reports the vesting and subsequent sale of restricted stock units (RSUs) to cover tax obligations.
Summary
- On February 18, 2025, James Schreiner, EVP & COO of MKS Instruments, engaged in multiple transactions involving MKS Instruments common stock and restricted stock units (RSUs).
- These transactions involved the vesting of RSUs and the subsequent withholding of shares to cover tax obligations.
- Specifically, 3,648 shares were withheld by MKS Instruments to satisfy tax obligations arising from the vesting of RSUs at a price of $103.67 per share.
- Following these transactions, Schreiner directly owns 23,496.665 shares of MKS Instruments common stock and 14,329.295 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to executive compensation.
Future Outlook
The reported RSUs vest in three equal annual installments, with some subject to performance criteria.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies as part of executive compensation packages.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/08/2023 | Achievement of performance criteria determined for some RSUs. |
| 02/15/2023 | Commencement of vesting for some RSUs in three equal annual installments. |
| 02/05/2024 | Achievement of performance criteria determined for some RSUs. |
| 02/15/2024 | Commencement of vesting for some RSUs in three equal annual installments. |
| 02/10/2025 | Achievement of performance criteria determined for some RSUs. |
| 02/15/2025 | Commencement of vesting for some RSUs in three equal annual installments. |
| 02/18/2025 | Date of reported transactions: RSU vesting and tax withholding. |
| 02/19/2025 | Date of Form 4 filing. |
| 02/15/2026 | Commencement of vesting for some RSUs in three equal annual installments. |
Keywords
MKS Instruments, James Schreiner, Form 4, Stock Transactions, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership, Insider Trading
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