Form 4: Thermo Fisher Scientific Inc.: Director Jennifer M. Johnson Reports Changes in Beneficial Ownership

Director Jennifer M. Johnson reports acquisition and disposal of phantom stock units in Thermo Fisher Scientific Inc. under the company's Deferred Compensation Plan for Directors.

Summary

• On September 28, 2024, Jennifer M. Johnson, a director of Thermo Fisher Scientific Inc., reported changes in beneficial ownership.
• Johnson acquired phantom stock units convertible into common stock on a 1-for-1 basis.
• 50.86 stock units were credited to Johnson's account at a price of $614.42 per unit under the Issuer's Deferred Compensation Plan for Directors.
• Johnson disposed of 274.96 phantom stock units.
• The shares are distributable as stock upon cessation of director service or a change of control.
• Johnson is the President, Chief Executive Officer, and a Director of Franklin Resources, Inc., which manages investment products holding equity securities of Thermo Fisher Scientific Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.

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 insider transactions and provides transparency regarding the holdings of company directors. It is common for directors to receive stock-based compensation and to have transactions related to those holdings.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of company insiders.
• The transactions are related to director compensation and do not directly impact employees, customers, suppliers, or creditors.

Key Dates