Sampath Anand 4

What Happened
Sampath Anand, EVP, Operations of Masimo Corporation, disposed of Masimo common stock and equity awards on June 10, 2026 as part of the Merger with Danaher. The filing shows 33,901 shares of Masimo common stock canceled for $180.00/share (cash = $6,102,180). In addition, a number of RSUs and option-based awards were converted/cancelled under the merger agreement; option-related conversions generated additional cash amounts (listed in the filing) totaling about $2,247,415, bringing the approximate total cash/consideration to $8,349,595. Several RSU items were converted/assumed by Danaher (no cash price listed).

Key Details

• Transaction date: June 10, 2026 (effective time of the Merger). Filing date: June 12, 2026 (timely).
• Major item: 33,901 shares of Masimo common stock canceled and converted into $180.00/share = $6,102,180 (Per Share Merger Consideration, F2).
• Additional disposals: various RSUs and option-derived awards; listed cash amounts from option cancellations/settlements total ≈ $2,247,415 (examples: 10,000-option lot netted $891,300 at an implied spread, another 10,000 lot $930,500, plus smaller amounts). Several RSU conversions show price "N/A" because they were converted into Danaher RSUs per the merger formula (F3).
• Notable footnotes: F1–F3 describe the Merger; F3 explains RSUs were assumed/converted into Danaher RSUs using the $180/$183.33 exchange ratio; F8 explains options were canceled and converted into cash equal to the excess of the $180 Merger consideration over each option’s exercise price.
• Shares owned after the reported transactions: not specified in the provided filing extract.
• Filing timeliness: filed within two days of the transaction date (not late).

Context
This was not an open-market sale but the contractual conversion/settlement that occurred at the effective time of Masimo’s merger into Danaher. Common shares were canceled for a fixed $180/share; unvested RSUs were either assumed/converted by Danaher or settled per the merger terms; outstanding options were settled for cash equal to the spread (if any). Such merger-driven dispositions reflect deal terms rather than an insider signaling buy/sell sentiment.