Schreiner James Alan 4
Research Summary
AI-generated summary
MKS (MKSI) EVP/COO James Schreiner Exercises Options; Shares Withheld
What Happened
- James Alan Schreiner, EVP & COO of MKS Inc. (MKSI), exercised/converted multiple derivative awards on Feb 17, 2026 and received a grant/award of RSUs. The filing shows exercised/converted amounts of 9,225.392 shares (sum of six derivative conversions) plus a grant of 2,376.968 RSUs (11,602.36 total contingent/issued shares). To satisfy tax withholding obligations, 4,343.764 shares were withheld at $260.74 per share, resulting in approximately $1,132,593 withheld — this was not an open-market sale by the reporting person.
Key Details
- Transaction date: Feb 17, 2026; filing date: Feb 18, 2026 (filed next business day — timely).
- Primary actions: multiple exercise/conversion of derivatives (code M) and a grant/award of RSUs (code A); tax-withholding disposition (code F) of 4,343.764 shares at $260.74 (≈ $1,132,593).
- Shares reported acquired (aggregate from filing): 9,225.392 via conversions + 2,376.968 RSU award = 11,602.36 (derivative/RSU basis).
- Shares withheld for taxes: 4,343.764 (these were withheld by MKS to satisfy tax obligations and are not a discretionary sale by Schreiner).
- Footnote highlights: RSUs represent contingent rights to common stock; several RSU awards are subject to performance criteria and vest in three equal annual installments beginning on various Feb 15 dates (2024–2027) as described in the footnotes.
- Shares owned after transaction: not specified in this filing.
Context
- This was effectively a conversion/settlement of company equity awards with a standard "sell-to-cover" (or company withholding) for taxes — common for vested RSUs and option exercises. The filing does not show an open-market sale or a discretionary sale plan; the withheld shares were used only to meet tax obligations.
- For retail investors: these transactions reflect routine executive equity compensation activity rather than a directional market bet; purchases (which can signal confidence) were not reported here.