Scannell Timothy J 4

What Happened
Timothy J. Scannell, a director of Masimo Corp (MASI), received an equity award on April 23, 2026: 1,119 restricted stock units (RSUs) priced at $178.71 each, valued at $199,976. Separately, on April 29, 2026 he reported exercise/conversion of 1,225 derivative shares (transaction code M) reported as both acquired and disposed at $0.00 (no cash price listed).

Key Details

• Transactions reported:
  • 2026-04-23: Grant/award (A) — 1,119 RSUs @ $178.71 = $199,976 (acquired).
  • 2026-04-29: Exercise/conversion (M) — 1,225 shares acquired @ $0.00 and 1,225 shares disposed @ $0.00 (derivative reporting).
• Shares owned after transaction: Not specified in this filing.
• Footnotes of note:
  • F1: Each RSU equals the right to one share upon vesting.
  • F3: The RSUs granted 4/23/2026 vest in full on the earlier of the first anniversary of the grant or the next annual meeting. (F2 describes a separate RSU grant from 4/29/2025 and its vesting schedule.)
• Filing timeliness: The Form 4 was filed on May 5, 2026 covering transactions in late April. Form 4s are generally due within two business days of a reportable transaction, so this filing appears delayed relative to the transaction dates.

Context

• The April 23 item is an RSU award (an acquisition-type event); awards are not open-market purchases and reflect equity compensation rather than a cash purchase.
• The April 29 entries are reported under code M (exercise or conversion of a derivative). They show conversion activity at $0.00 and are reported as derivative acquisitions/dispositions — not an open-market sale for cash.
• These entries are factual disclosures of compensation and derivative conversion; they do not by themselves indicate the insider’s market view.