Form 4: Waters Corp Director Flemming Ornskov Acquires Shares and Stock Options
SEC Form 4 Filing
Director Flemming Ornskov acquired 319 shares of restricted stock and 818 stock options in Waters Corp on January 2, 2025.
Summary
- Flemming Ornskov, a director at Waters Corp, reported acquiring 319 shares of restricted stock on January 2, 2025.
- These shares were acquired at a price of $0 and will vest on January 2, 2026.
- Ornskov also acquired 818 stock options with an exercise price of $368.26 on the same date.
- These options vest on January 2, 2026, and expire on January 2, 2035.
- Following these transactions, Ornskov directly owns 4,628 shares of common stock and 818 stock options.
Sentiment
Score: 7
Explanation: The document reflects a routine insider transaction, which is generally positive as it indicates confidence from a director. However, it is not a major event that would significantly impact the company's outlook.
Positives
- The acquisition of shares and options by a director signals confidence in the company's future performance.
- The vesting period of the shares and options aligns the director's interests with the long-term success of the company.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company securities. It is a routine part of corporate governance and transparency.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
- The vesting schedules for the restricted stock and stock options are typical for executive compensation packages.
- The exercise price of the stock options is set at a level that is common for such grants.
Stakeholder Impact
- The acquisition of shares and options by a director can be viewed positively by shareholders, as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of acquisition of restricted stock and stock options. |
| 01/02/2026 | Vesting date for both the restricted stock and stock options. |
| 01/02/2035 | Expiration date for the stock options. |
| 01/06/2025 | Date of signature of the report. |
Keywords
Form 4, Waters Corp, Director, Flemming Ornskov, Stock Options, Restricted Stock, Beneficial Ownership, Insider Trading
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