Shafer Michael D 4

What Happened
Michael D. Shafer, Executive Vice President of Thermo Fisher Scientific (TMO), exercised options and had a total of 815.848 shares withheld to cover the exercise price and/or tax liability. The withholding occurred in three tranches on 2026-02-28: 97.984 shares, 466.204 shares, and 251.66 shares, each at $521.11 per share, for a combined value of approximately $425,147. These were disposals to satisfy exercise/tax obligations (routine withholding), not open-market sales.

Key Details

• Transaction date: 2026-02-28; filing date (Form 4): 2026-03-02.
• Price: $521.11 per share. Line items: 97.984 shares ($51,060), 466.204 shares ($242,944), 251.66 shares ($131,143). Total ~815.848 shares / $425,147.
• Transaction code: F — payment of exercise price or tax liability (shares withheld). Report shows shares "Disposed" for withholding.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No indication in the provided data that the filing was late.

Context
This was a tax/exercise withholding (cashless-type settlement) related to option exercise — a routine administrative step that reduces the insider’s outstanding shares but is not the same as selling shares on the open market. Such transactions are common after option exercises and don't by themselves indicate the insider’s view of the company.