Form 4: Thermo Fisher Scientific SVP Michael Boxer Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Michael A. Boxer, SVP and General Counsel of Thermo Fisher Scientific, exercised stock options and sold 2,000 shares of common stock at $567.94 per share on April 26, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On April 26, 2024, Michael A. Boxer, SVP and General Counsel of Thermo Fisher Scientific, exercised stock options to acquire 2,000 shares of common stock at a price of $210.68 per share.
- Simultaneously, Boxer sold 2,000 shares of Thermo Fisher Scientific common stock at $567.94 per share.
- These transactions were executed under a Rule 10b5-1 trading plan adopted on December 13, 2023.
- Following these transactions, Boxer directly owns 13,083.172 shares of Thermo Fisher Scientific common stock and 4,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider trading activity. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions. It provides transparency into the trading activities of company executives and their compliance with securities regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature of the trades mitigates any significant concerns.
Key Dates
| Date | Description |
|---|---|
| 12/13/2023 | Date the reporting person adopted a Rule 10b5-1 trading plan. |
| 04/26/2024 | Date of the stock option exercise and sale of shares. |
| 04/29/2024 | Date of the Form 4 filing. |
| 02/27/2025 | Expiration date of the stock option. |
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