Form 4: Omnicell Director Mary Garrett Reports Changes in Beneficial Ownership

Mary Garrett, a director at Omnicell, reported the acquisition of 6,058 shares of common stock and the disposal of 10,091 shares on May 21, 2024.

Summary

• On May 21, 2024, Mary Garrett, a director of Omnicell, reported changes in her beneficial ownership of the company's stock.
• She acquired 6,058 shares of common stock as a grant of restricted shares under the company's equity incentive plan for her services as a board member.
• These shares were granted in accordance with the Issuer's Board of Directors Compensation Plan.
• The shares will vest in full on the date of the Issuer's 2025 Annual Meeting of Stockholders.
• She also disposed of 10,091 shares.
• Following these transactions, Garrett beneficially owns 10,091 shares of Omnicell stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions and doesn't convey any positive or negative outlook.

Positives

• The grant of restricted stock to a director aligns their interests with those of the shareholders.
• The vesting of shares at the 2025 Annual Meeting of Stockholders incentivizes continued service and contribution to the company.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the holdings of key individuals within the company.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the ownership of company stock by a director.
• The grant of restricted stock aligns the director's interests with those of the shareholders.

Key Dates