Form 4: MKS Instruments Executive James Alan Schreiner Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
James Alan Schreiner, EVP & COO of MSD at MKS Instruments, reports the acquisition of restricted stock units based on performance criteria.
Summary
- On February 10, 2025, James Alan Schreiner, EVP & COO, MSD of MKS Instruments, Inc., acquired 1,297.133 restricted stock units (RSUs).
- The RSUs were subject to performance criteria, the achievement of which was determined on February 10, 2025.
- These RSUs vest in three equal annual installments beginning on February 15, 2025, provided that if, in any vesting year, February 15th is not a business day, such vesting shall occur on the next business day.
- Following the reported transaction, Schreiner beneficially owns 18,166.542 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of RSUs can be seen as a positive sign of confidence, but it's not a major event.
Positives
- The acquisition of RSUs by a high-ranking executive could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The vesting of the RSUs is contingent upon continued service and will occur in three equal annual installments beginning February 15, 2025.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders. This filing indicates the acquisition of RSUs, a common form of equity compensation.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) to align executive interests with shareholder value.
- The vesting schedule of three equal annual installments is a standard practice in RSU agreements.
- Companies like Applied Materials and Lam Research also use RSUs as part of their executive compensation.
Stakeholder Impact
- The acquisition of RSUs by an executive can align their interests with those of shareholders, potentially encouraging decisions that increase shareholder value.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of earliest transaction and determination of performance criteria achievement for RSUs. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
| 02/15/2025 | Start date for the three equal annual installments vesting of the RSUs. |
Keywords
MKS Instruments, James Alan Schreiner, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, Executive Compensation
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