Bruker (BRKR) executive exercises options and sells 2,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bruker Corp executive Mark Munch reported option exercises and a share sale. On February 13, he exercised stock options for 2,000 shares, converting derivative securities into common stock at a price of $22.19 per share. He then sold 2,000 common shares at $36.94 per share in an open-market transaction pursuant to a Rule 10b5-1 trading plan.
Following these transactions, he directly owned 128,443 shares of Bruker common stock and held 14,000 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,000 shares ($73,880)
Net Sell
3 txns
Insider
Munch Mark
Role
EXEC VP&PRES BRUKER NANO INC.
Sold
2,000 shs ($74K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Purchase) | 2,000 | $0.00 | -- |
| Exercise | Common Stock | 2,000 | $22.19 | $44K |
| Sale | Common Stock | 2,000 | $36.94 | $74K |
Holdings After Transaction:
Stock Option (Right to Purchase) — 14,000 shares (Direct);
Common Stock — 130,443 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The stock option granted to the Reporting Person on October 4, 2016 (the "Original Grant Date") vests on the first, second, third and fourth anniversaries of the Original Grant Date.
FAQ
What insider transactions did Mark Munch report for BRKR?
Mark Munch reported exercising stock options for 2,000 shares and selling 2,000 Bruker common shares. The option exercise converted derivative securities into stock, and the sale was an open-market transaction executed under a pre-arranged Rule 10b5-1 trading plan.
What role does Mark Munch hold at Bruker (BRKR)?
Mark Munch is an executive officer of Bruker, serving as Executive Vice President and President of Bruker Nano Inc. His Form 4 filing reflects equity transactions related to this leadership role, including stock option exercises and subsequent share sales.