Thermo Fisher (NYSE: TMO) HR chief disposes shares to cover tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thermo Fisher Scientific senior vice president and chief HR officer Lisa P. Britt reported two tax-withholding share dispositions. She transferred 262.6700 and 85.4090 shares of common stock at $521.1100 per share to cover tax liabilities. After these transactions, she directly owned 14,784.1480 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Britt Lisa P.
Role
Sr. VP and Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 262.67 | $521.11 | $137K |
| Tax Withholding | Common Stock | 85.409 | $521.11 | $45K |
Holdings After Transaction:
Common Stock — 14,869.557 shares (Direct)
Footnotes (1)
FAQ
What did Thermo Fisher (TMO) executive Lisa P. Britt report on this Form 4?
Lisa P. Britt reported two tax-withholding dispositions of Thermo Fisher common stock. She transferred 262.6700 and 85.4090 shares at $521.1100 per share to satisfy tax obligations related to equity compensation, rather than conducting open-market sales for investment purposes.
Were the Thermo Fisher (TMO) Form 4 transactions open-market sales?
No, the transactions were coded “F,” indicating tax-withholding dispositions. Shares were delivered to cover tax liabilities associated with equity compensation, not sold in the open market for discretionary portfolio reasons or as traditional buy or sell transactions by the executive.
What does transaction code “F” mean on this Thermo Fisher (TMO) Form 4?
Transaction code “F” means shares were delivered to pay an exercise price or tax liability. In this case, Thermo Fisher executive Lisa P. Britt used common stock to satisfy tax obligations arising from equity awards, instead of paying those taxes in cash.