Thermo Fisher (TMO) EVP reports 1,638 performance RSUs and award reduction
Rhea-AI Filing Summary
Thermo Fisher Scientific Executive Vice President Frederick M. Lowery reported an equity award and updated share holdings. He acquired 1,638 shares of common stock through a performance-based restricted stock unit award originally granted on February 19, 2025, after the Compensation Committee certified performance on February 25, 2026. The award is scheduled to vest in three equal tranches on February 28, 2026, 2027, and 2028. A separate performance-based award granted on February 22, 2023 was reduced by 15% based on relative total shareholder return, resulting in 64 fewer shares than previously reported. Between December 2, 2025 and February 26, 2026, he also acquired 10.854 shares of TMO common stock in the company’s 401(k) plan and reports additional indirect holdings through a limited liability company, while disclaiming beneficial ownership of indirectly held shares except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,638 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares represent a performance-based restricted stock unit award granted on February 19, 2025. On February 25, 2026, the Compensation Committee certified achievement of the applicable performance criteria. The award vests in three equal tranches on February 28, 2026, 2027 and 2028, in accordance with the terms of the award agreement. Shares represent an adjustment to the final tranche of a performance-based restricted stock unit award granted on February 22, 2023. On February 25, 2026, the Compensation Committee certified a 15% reduction based on the Company's relative TSR performance over the three-year measurement period, resulting in 64 fewer shares than previously reported. Between December 2, 2025 and February 26, 2026, the reporting person acquired 10.854 shares of TMO common stock under the TMO 401(k) plan. The reporting person disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of any pecuniary interest therein.