[144] MASIMO CORP SEC Filing
Form 144 filed for MASIMO CORPORATION (MASI): An individual proposes selling 25,000 common shares acquired the same day via an employee stock option exercise. The filing lists an aggregate market value of $3,518,983.00 and identifies Charles Schwab & Co., Inc. as the broker. The planned sale date is 09/23/2025 on NASDAQ.
The filing states the payment was handled by the broker as a cashless exercise. The filer reports no securities sold in the past three months and affirms they are not aware of undisclosed material adverse information about the issuer.
- Complete transaction disclosure: Form includes class, share amount, aggregate market value, broker, and planned sale date.
- Clear acquisition and payment method: Identifies the shares were obtained via employee stock option exercise and paid through a broker cashless exercise.
- No recent dispositions: Filing states "Nothing to Report" for securities sold during the past three months.
- Insider sale proposed: 25,000 shares are planned for sale, with an aggregate market value of $3,518,983.00.
- Timing concentration: Acquisition and proposed sale dates are the same (09/23/2025), indicating immediate disposition after exercise.
Insights
TL;DR: Routine insider sale following an employee option exercise, executed via cashless broker arrangement; not a standalone material event.
The transaction described is a standard post-exercise disposition: 25,000 common shares acquired and proposed for sale on the same date, with a reported aggregate market value of $3,518,983.00. Use of a broker for a cashless exercise is common and indicates the filer monetized option proceeds through immediate sale rather than an out-of-pocket cash purchase. The filing discloses no other recent dispositions and includes the filer's representation about lack of undisclosed material information, which is a required attestation.
TL;DR: Compliance-focused notice consistent with Rule 144 requirements; contains required attestations and transaction detail.
This Form 144 provides the issuer, broker, class, number of shares, aggregate value, acquisition method (employee stock option exercise), and payment method (broker cashless exercise), fulfilling standard disclosure elements. The filer also affirms absence of material nonpublic information. There are no indications of accelerated insider selling patterns in the filing itself, and the form reports no sales in the prior three months.