Thermo Fisher (TMO) EVP Gianluca Pettiti receives option and RSU awards
Rhea-AI Filing Summary
Pettiti Gianluca reported acquisition or exercise transactions in this Form 4 filing.
Thermo Fisher Scientific executive vice president Gianluca Pettiti reported equity awards that increase his direct holdings in company stock. He received a grant of stock options for 16,270 shares and performance-based restricted stock units that resulted in 2,057 and 3,715 shares of common stock being credited to him.
The performance-based award was granted on February 19, 2025, and the company’s compensation committee determined on February 25, 2026 that its performance criteria were satisfied. One-third of these shares vest on February 28, 2026 and 2027, while the remaining one-third vests on February 28, 2028 and may be adjusted up or down based on relative total shareholder return performance. The stock option grant vests in four equal annual installments beginning on February 28, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,270 | $0.00 | -- |
| Grant/Award | Common Stock | 2,057 | $0.00 | -- |
| Grant/Award | Common Stock | 3,715 | $0.00 | -- |
Footnotes (1)
- Shares represent a performance-based restricted stock unit award granted on February 19, 2025. The Company's Compensation Committee determined on February 25, 2026, that the performance criteria related to this award were satisfied. One-third of the shares vest on February 28, 2026 and 2027. The remaining one-third will vest on February 28, 2028, and is subject to adjustment (positive or negative) for long-term performance which is based on the comparison of the Company's total shareholder return compound annual growth rate ("CAGR") to the total shareholder return CAGR of each of the companies in the peer group, as specified within the award agreement, over the measurement period starting on January 1, 2025, through to December 31, 2027. The option vests in four equal annual installments beginning on February 28, 2027.