Form 4: Thermo Fisher Scientific Executive Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Joseph R. Holmes, VP & Chief Accounting Officer of Thermo Fisher Scientific, disposed of shares to cover tax obligations arising from vesting of restricted stock units.
Summary
- On February 28, 2024, Joseph R. Holmes, VP & Chief Accounting Officer of Thermo Fisher Scientific, reported the disposal of common stock.
- The disposals were made to satisfy tax obligations.
- A total of 38.621 shares were disposed of at a price of $572.03, resulting in a value of $572.03.
- An additional 12.093 shares were disposed of at a price of $572.03, resulting in a value of $572.03.
- Following the transactions, Holmes beneficially owns 1,756.6807 shares directly and 1,744.5877 shares directly.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, reflecting stock disposals by an insider to cover tax liabilities, a common practice among executives receiving equity compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock disposal transactions |
| 02/29/2024 | Date of signature on the Form 4 filing |
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