Thermo Fisher (NYSE: TMO) director defers fees into phantom stock units
Rhea-AI Filing Summary
THERMO FISHER SCIENTIFIC INC. director Karen S. Lynch received a grant of 60.910 Phantom Stock Units on Common Stock. These units were credited to her deferred compensation account at a price of $513.03 per unit under the Deferred Compensation Plan for Directors.
The Phantom Stock Units convert into Common Stock on a 1-for-1 basis and are distributable as stock when her board service ends for any reason or upon a change of control. Following this grant, her account reflects 352.400 stock units.
Positive
- None.
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- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lynch Karen S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 60.91 | $0.00 | $0.00 |
Holdings After Transaction:
Phantom Stock Units — 352.4 shares (Direct)
Footnotes (2)
- F1. Convertible into Common Stock on a 1-for-1 basis.
- F2. Represents stock units credited to the Reporting Person's account as of June?27, 2026, at a price of $513.03 per unit pursuant to the Issuer's Deferred Compensation Plan for Directors (the "Plan"). Directors' retainers are deferred quarterly under the Plan as Common Stock units based on the closing price of the stock as of the quarter end. The shares are distributable as stock upon cessation of director service (for any reason) or a change of control.
Key Figures
Phantom stock units granted: 60.910 units
Credit price per unit: $513.03 per unit
Total phantom units after grant: 352.400 units
+2 more
5 metrics
Phantom stock units granted
60.910 units
Director grant on 2026-06-27
Credit price per unit
$513.03 per unit
Deferred Compensation Plan for Directors
Total phantom units after grant
352.400 units
Post-transaction holdings
Conversion ratio
1 unit : 1 share
Phantom Stock Units to Common Stock
Transaction code
A (grant/award acquisition)
Form 4 derivative transaction
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, Common Stock units, change of control
4 terms
Phantom Stock Units financial
"security_title: "Phantom Stock Units""
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan for Directors financial
"pursuant to the Issuer's Deferred Compensation Plan for Directors (the "Plan")."
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
Common Stock units financial
"retainers are deferred quarterly under the Plan as Common Stock units"
A common stock unit is a tradable ownership interest that represents one or more ordinary shares in a company, giving the holder a stake in profits, a claim on assets after creditors, and usually voting rights on corporate matters. For investors it matters because these units determine how much of the company you own, how much influence you have, and how returns or losses are shared—think of owning slices of a pie that can be increased or diluted by the company’s actions.
change of control financial
"The shares are distributable as stock upon cessation of director service (for any reason) or a change of control."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Thermo Fisher (TMO) director Karen S. Lynch report on this Form 4?
Karen S. Lynch reported an acquisition of 60.910 Phantom Stock Units linked to Thermo Fisher Common Stock. The units were credited under the company’s Deferred Compensation Plan for Directors, increasing her deferred stock-based holdings to a total of 352.400 units.
How many Thermo Fisher Phantom Stock Units were granted to Karen S. Lynch?
She was granted 60.910 Phantom Stock Units tied to Thermo Fisher Common Stock. These units were credited as part of her deferred director retainer for the quarter, based on the closing stock price used in the plan’s calculation methodology.
At what price were Karen S. Lynch’s Thermo Fisher stock units credited?
The stock units were credited at a price of $513.03 per unit. This price reflects the closing price of Thermo Fisher Common Stock at the quarter end, as used in the Deferred Compensation Plan for Directors to convert cash retainers into stock units.
What is the total Thermo Fisher stock unit balance for Karen S. Lynch after this transaction?
After this transaction, Karen S. Lynch holds 352.400 Phantom Stock Units. This total represents her accumulated director retainers deferred into stock units under the company’s Deferred Compensation Plan for Directors and reflects her stock-based deferred compensation position.
How do Thermo Fisher Phantom Stock Units for directors convert into Common Stock?
Each Phantom Stock Unit is convertible into Thermo Fisher Common Stock on a 1-for-1 basis. Directors’ quarterly retainers are converted into these units using the closing stock price, then later settled in shares upon service cessation or a qualifying change of control event.