Form 4: MKS Instruments EVP David Philip Henry Reports Stock Transactions
SEC Form 4
David Philip Henry, EVP of Operations & Corporate Marketing at MKS Instruments, reports the vesting and subsequent sale of restricted stock units to cover tax obligations.
Summary
- David Philip Henry, an Executive Vice President at MKS Instruments, Inc. (MKSI), filed a Form 4 detailing changes in his beneficial ownership of the company's stock on February 18, 2025.
- The transactions involved the vesting of restricted stock units (RSUs) and the subsequent withholding of shares to satisfy tax obligations.
- Henry acquired a total of 6,162.89 RSUs, which vest in three equal annual installments commencing on February 15, 2026.
- He also had several tranches of RSUs vest, which were then converted to common stock.
- A portion of the vested shares, totaling 2,372 shares, were withheld by MKS Instruments to cover tax obligations at a price of $103.67 per share.
- Following these transactions, Henry directly owns 22,419.093 shares of MKS Instruments common stock and 13,286.158 RSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard compensation practices for company executives.
Key Dates
| Date | Description |
|---|---|
| February 8, 2023 | Achievement of performance criteria determined for some RSUs. |
| February 15, 2023 | Commencement of vesting for some RSUs. |
| February 5, 2024 | Achievement of performance criteria determined for some RSUs. |
| February 15, 2024 | Commencement of vesting for some RSUs. |
| February 10, 2025 | Achievement of performance criteria determined for some RSUs. |
| February 15, 2025 | Commencement of vesting for some RSUs. |
| February 18, 2025 | Date of the reported transactions. |
| February 15, 2026 | Commencement of vesting for newly acquired RSUs. |
Keywords
MKS Instruments, MKSI, Form 4, David Philip Henry, Restricted Stock Units, RSUs, Beneficial Ownership, Stock Transactions, Vesting, Tax Withholding
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