Form 4: Director Scott M. Sperling Reports Acquisition of Thermo Fisher Scientific Stock Units
SEC Form 4 Filing
Scott M. Sperling, a director of Thermo Fisher Scientific, reported the acquisition of stock units under the company's Deferred Compensation Plan for Directors.
Summary
- On December 31, 2024, Scott M. Sperling, a director of Thermo Fisher Scientific, acquired 79.29 phantom stock units.
- These units were credited to his account under the Issuer's Deferred Compensation Plan for Directors at a price of $520.23 per unit.
- The stock units are convertible into common stock on a 1-for-1 basis and are distributable as stock upon cessation of director service or a change of control.
- Following the reported transaction, Sperling beneficially owns 17,152.3 shares of common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it reflects ongoing participation in the company's equity.
Future Outlook
The shares are distributable as stock upon cessation of director service (for any reason) or a change of control.
Industry Context
This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: Acquisition of phantom stock units. |
| 01/02/2025 | Date of report filing. |
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