Form 4: Thermo Fisher Scientific Executive Vice President Michel Lagarde Reports Stock Disposals
SEC Form 4 Filing
Executive Vice President and COO of Thermo Fisher Scientific, Michel Lagarde, reports the disposal of common stock to cover tax obligations.
Summary
- Michel Lagarde, Executive Vice President & COO of Thermo Fisher Scientific, filed a Form 4 on August 29, 2024, reporting changes in beneficial ownership.
- The report details the disposal of common stock on August 28, 2024, to cover tax obligations.
- A total of 646.441 shares of common stock were disposed of at a price of $613.14.
- Following the reported transactions, Lagarde beneficially owns 16,983.504 shares of Thermo Fisher Scientific common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of stock disposal. |
| 08/29/2024 | Date of Form 4 filing. |
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