Thermo Fisher Chief HR Officer Lisa Britt Surrenders 393.6 Shares for Taxes

What Happened
Lisa P. Britt, Senior Vice President and Chief Human Resources Officer at Thermo Fisher Scientific (TMO), surrendered a total of 393.569 shares on 2026-08-28 to satisfy tax-withholding obligations. The shares were withheld at a price of $622.18 per share in four transactions: 87.03 shares ($54,148), 116.04 shares ($72,198), 105.403 shares ($65,580), and 85.096 shares ($52,945). The combined value of the withheld shares is about $244,871. This was not an open-market sale for cash; it was a tax-withholding disposition (routine).

Key Details

• Transaction date: August 28, 2026; Form 4 filed September 1, 2026 (within the required reporting window).
• Price per share: $622.18; total shares surrendered: 393.569; total value ≈ $244,871.
• Individual withholdings: 87.03 / 116.04 / 105.403 / 85.096 shares (values shown above).
• Transaction code: F — payment of exercise price or tax liability via delivery/withholding of shares.
• Shares owned after the transaction: Not disclosed in the supplied filing details.
• No indication in the filing that this was part of a 10b5-1 plan; entry reflects routine tax withholding on award/option-related compensation.

Context
Code F transactions typically mean shares were surrendered to cover tax obligations arising from vesting or option exercise (a cashless or share-withholding approach), not a directional buy or sell for investment purposes. Such withholdings are common and usually represent routine compliance rather than a signal about the executive’s view of the stock.