Young Micah W 4

What Happened

Micah W. Young, Chief Financial Officer of Masimo Corporation (MASI), received a grant of 17,671 restricted stock units (RSUs) on March 6, 2026. The Form 4 reports the award as a derivative grant with an acquisition price of $0.00 (transaction code A). This was an equity compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date and type: 2026-03-06 — Grant/Award of 17,671 RSUs (code A); price reported $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnotes from the filing:
  • Each RSU represents the contingent right to receive one share of common stock upon vesting.
  • The RSU award vests ratably over four years, with 25% vesting on each anniversary of the March 6, 2026 grant date.
• Filing: Form filed on 2026-03-10 — within two business days of the transaction (timely).

Context

RSU grants are a form of compensation; they do not result in immediate stock ownership until the units vest and are settled. Such awards are common for executive pay/retention and differ from purchases or sales that may signal an insider's market view.