Meehan Greg Allen 4
Research Summary
AI-generated summary
Masimo (MASI) CCO Greg Meehan Receives RSU Award (8,550 shares)
What Happened
Greg Allen Meehan, Chief Commercial Officer of Masimo (MASI), was granted 8,550 restricted stock units (RSUs) on March 6, 2026. The Form 4 shows the award as a derivative acquisition (code A) at $0.00 per unit; RSUs represent the contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-03-06; Form 4 filed 2026-03-10 (filed within the usual two-business-day window).
- Award: 8,550 RSUs; price listed $0.00 (grant of derivative RSUs, not a cash purchase).
- Vesting: Grants vest ratably over four years — 25% on each anniversary of the March 6, 2026 grant date (per footnote).
- Footnote summary: F1 — each RSU converts to one share on vesting; F2 — grant date and four-year pro rata vesting schedule.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
Context
RSU grants are a common form of executive compensation and do not involve an immediate market purchase or sale. They vest over time, aligning pay with future performance/tenure and will convert to shares (and potentially be subject to tax withholding) only as portions vest. This grant should be viewed as a compensation award rather than a direct buy/sell signal.