Holmes Joseph R. 4
Research Summary
AI-generated summary
Thermo Fisher (TMO) VP & Chief Accounting Officer Joseph R. Holmes Withholds 117 Shares
What Happened
- Joseph R. Holmes, Vice President and Chief Accounting Officer of Thermo Fisher Scientific (TMO), had a total of 116.626 shares disposed on Feb 28, 2026 to satisfy tax liabilities related to equity compensation. The shares were withheld/disposed in four transactions at $521.11 per share, totaling about $60,775 (breakdown: 12.289 sh / $6,404; 55.475 sh / $28,909; 44.459 sh / $23,168; 4.403 sh / $2,294). This is a tax-withholding/net settlement, not an open-market sale for investment reasons.
Key Details
- Transaction date: 2026-02-28; Filing date: 2026-03-02 (Form 4 accession 0000097745-26-000049).
- Price per share: $521.11; Total shares withheld: 116.626; Total value: ~$60,775.
- Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
- Post-transaction shares owned: not reported in the provided Form 4 excerpt.
- Filing timeliness: filed March 2 for a Feb 28 transaction; no late filing flag indicated.
Context
- Code F transactions typically reflect automatic share withholding (net share settlement) to cover taxes from a vesting or option exercise. These routine withholding transactions generally do not signal a change in the insider’s investment view and are administrative in nature rather than discretionary open-market sales.