March 1, 2025 · Form 4 insider transaction
Young Micah W sold 8,100 shares of Masimo Corporation at $188.77 per share, a transaction worth $1.53M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
These shares were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of shares upon the vesting of certain performance restricted stock units.; For the vesting that occurred on March 1, 2025, the Company calculated the number of vested shares and shares withheld for tax liability based on the Company's closing stock price on the immediately preceding business day. As a result, the Reporting person received 6,900 shares of common stock, as shown in Table I.