Pettiti Gianluca 4

What Happened

• Gianluca Pettiti, President & COO of Thermo Fisher Scientific (TMO), had a total of 1,073.391 shares disposed on Feb 28, 2026 as tax withholding related to an exercise/award. The filing shows two disposals: 741.71 shares at $521.11 each ($386,512) and 331.681 shares at $521.11 each ($172,842), totaling ~1,073.39 shares and ~$559,354.
• This was a withholding/disposition to satisfy tax liabilities (transaction code F), not an open-market sale intended to reduce holdings.

Key Details

• Transaction date: 2026-02-28; Report filed: 2026-03-02 (appears timely).
• Prices: $521.11 per share for both disposals.
• Share counts and amounts: 741.71 shares = $386,512; 331.681 shares = $172,842; combined 1,073.391 shares ≈ $559,354.
• Shares owned after the transaction: not specified in the excerpt provided.
• Footnote/transaction code: F = payment of exercise price or tax liability (shares withheld or surrendered to cover taxes); the filing does not indicate a 10b5-1 plan or late filing.

Context

• For retail investors: this is a routine tax-withholding transaction typically associated with exercising options or vesting of awards. It does not necessarily signal the insider’s view of the company’s prospects because shares were surrendered to meet tax obligations rather than sold for cash on the open market.