Form 4: Thermo Fisher Scientific CEO Marc Casper Reports Stock Disposals to Cover Tax Obligations

Thermo Fisher Scientific's CEO, Marc Casper, reported the disposal of common stock to cover tax obligations arising from equity awards.

Summary

• Marc Casper, the Chairman & CEO of Thermo Fisher Scientific, filed a Form 4 with the SEC on August 29, 2024.
• The filing reports the disposal of common stock on August 28, 2024, to satisfy tax obligations.
• A total of 1,290.462 shares were disposed of at a price of $613.14 per share.
• Following the transactions, Casper directly owns 121,191.54 shares of common stock.
• Casper also indirectly owns 11,300 shares through the Alison Casper 2020 Irrevocable Trust, 43,608 shares through Floral Park Associates, Inc., and 5,000 shares through the MNC 2020 Irrevocable Trust.
• Casper disclaims beneficial ownership of the indirectly owned securities except to the extent of any pecuniary interest.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of executive compensation and are closely watched by investors for insights into management's view of the company's stock.

Stakeholder Impact

• The disposal of shares could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates