Thermo Fisher (NYSE: TMO) director reports 53.93 phantom stock units
Rhea-AI Filing Summary
Thermo Fisher Scientific Inc. director transaction: Director Jennifer M. Johnson reported acquiring 53.93 phantom stock units tied to Thermo Fisher common stock on December 31, 2025. The units were credited at a price of $579.45 per unit under the company’s Deferred Compensation Plan for Directors.
Each phantom stock unit is convertible into one share of common stock and is distributable as stock after the director’s service ends or upon a change of control. Following this transaction, Johnson directly holds 595.29 phantom stock units. She is also President and Chief Executive Officer of Franklin Resources, Inc. and disclaims beneficial ownership of Thermo Fisher shares held in Franklin Templeton-managed client accounts.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 53.93 | $0.00 | -- |
Footnotes (1)
- Convertible into Common Stock on a 1-for-1 basis. Represents stock units credited to the Reporting Person's account as of December 31, 2025, at a price of $579.45 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.
FAQ
What insider transaction did Thermo Fisher Scientific (TMO) disclose in this Form 4?
Thermo Fisher Scientific reported that director Jennifer M. Johnson acquired 53.93 phantom stock units tied to its common stock on December 31, 2025 under the Deferred Compensation Plan for Directors.
At what price were the Thermo Fisher (TMO) phantom stock units credited to the director?
The 53.93 phantom stock units were credited at a price of $579.45 per unit, based on the closing price of Thermo Fisher’s common stock as of the quarter end.
How many Thermo Fisher phantom stock units does the director own after this transaction?
After the reported transaction, director Jennifer M. Johnson beneficially owns 595.29 phantom stock units, held in a direct ownership capacity.
What are Thermo Fisher phantom stock units and how are they settled for the director?
The phantom stock units are credited under Thermo Fisher’s Deferred Compensation Plan for Directors and are convertible into common stock on a 1-for-1 basis. The shares are distributable as stock upon cessation of the director’s service for any reason or upon a change of control.
What type of security is reported in Table II of this Thermo Fisher Form 4?
Table II reports phantom stock units, which are derivative securities convertible into Thermo Fisher common stock on a 1-for-1 basis under the Deferred Compensation Plan for Directors.