Kaltenbach Patrick 4

What Happened Patrick Kaltenbach, President and CEO of Mettler-Toledo (MTD), received compensation awards on May 12, 2026. The Form 4 shows:

• 810 shares acquired at $0.00 (award of shares)
• 2,005 derivative units acquired at $0.00 (option/award to acquire shares)

Both items were reported as grants (no cash paid). The derivative award is an option-type grant that vests over time rather than an immediate market purchase or sale.

Key Details

• Transaction date: 2026-05-12; filing date (Form 4): 2026-05-14 (appears timely — within the typical two-business-day window).
• Prices reported: $0.00 for both the share award and the derivative award (i.e., granted, not purchased).
• Footnote: The derivative/options vest annually in five equal installments beginning on the first anniversary of the grant.
• Shares owned after the transaction: not specified in the filing.

Context

• This is a compensation grant (award/option), not a sale or open-market purchase — such grants are common for executive pay and retention.
• The derivative award will only convert to owned shares as it vests and, if options, upon any later exercise; it does not represent immediately tradable stock.
• No 10b5-1 plan, tax-withholding sale, or late-filing indication is shown in the provided details.