Benner Tim 4
4 · MASIMO CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Masimo (MASI) CMO Tim Benner Receives RSU Award
What Happened Tim Benner, Chief Marketing Officer of Masimo Corp (MASI), was granted 6,128 restricted stock units (RSUs) on March 6, 2026. The Form 4 reports this as a derivative award at $0.00 per unit (no cash paid and no immediate shares delivered). The filing reflects a compensation grant rather than an open‑market purchase or sale.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026.
- Transaction type: Award/Grant (code A) — 6,128 RSUs; price shown $0.00.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes: F1 — each RSU converts to one common share upon vesting; F2 — RSUs vest ratably over four years (25% on each anniversary of the grant).
- This is a compensation award (derivative); not an immediate purchase or sale.
Context RSUs are a common form of executive compensation and only become actual shares when they vest. Under the stated schedule, roughly 1,532 shares (6,128 ÷ 4) would vest on each anniversary, subject to service and plan terms. Such grants generally reflect pay structure and retention incentives rather than a direct insider market signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-06+6,128→ 6,128 totalExp: 2036-03-06→ Common Stock (6,128 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (RSU) represents the contingent right to receive one share of common stock of the Issuer upon vesting of the RSU.
- [F2]This RSU award was granted on March 6, 2026 and will vest ratably over four years, with 25% of the award vesting on each anniversary of the grant date.