Masimo 8-K Signals Leadership, Compensation Changes
Ticker: MASI · Form: 8-K · Filed: Jan 16, 2024 · CIK: 937556
| Field | Detail |
|---|---|
| Company | Masimo CORP (MASI) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $70,000, $200,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation
TL;DR
**Masimo filed an 8-K about leadership and pay changes, watch for details.**
AI Summary
Masimo Corp. filed an 8-K on January 16, 2024, reporting an event that occurred on January 15, 2024, related to changes in directors or officers and their compensation arrangements. This filing indicates potential shifts in leadership or executive incentives, which could impact the company's strategic direction and financial performance. Investors should pay attention to subsequent announcements for specific details on these changes, as they could influence the stock's future valuation.
Why It Matters
Changes in executive leadership or compensation can signal strategic shifts or financial health, directly impacting investor confidence and the company's future performance.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership or compensation, which can introduce uncertainty about future company direction and performance, warranting a medium risk level.
Analyst Insight
A smart investor would monitor Masimo Corp.'s subsequent filings or press releases for specific details regarding the reported changes in directors, officers, and compensation arrangements to understand their potential impact on company strategy and financial outlook.
Key Players & Entities
- MASIMO CORP (company) — the registrant filing the 8-K
- January 15, 2024 (date) — date of the earliest event reported
- January 16, 2024 (date) — date the 8-K was filed
- 001-33642 (other) — Commission File Number for Masimo Corp.
FAQ
What specific event did Masimo Corp. report in this 8-K filing?
Masimo Corp. reported an event related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per Item Information in the filing.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 15, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is Masimo Corp.'s trading symbol and on which exchange is it registered?
Masimo Corp.'s trading symbol is MASI, and its Common Stock is registered on The Nasdaq Stock Market LLC, as indicated under 'Securities Registered pursuant to Section 12(b) of the Act'.
What is the business address of Masimo Corp. as listed in the filing?
The business address of Masimo Corp. is 52 Discovery, Irvine, CA 92618, according to the 'BUSINESS ADDRESS' section of the filing.
What is the purpose of an 8-K filing, as indicated by the form's title?
The form's title 'CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934' indicates that an 8-K is used to announce major events that shareholders should know about.
Filing Stats: 972 words · 4 min read · ~3 pages · Grade level 10.7 · Accepted 2024-01-16 16:09:32
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value MASI The Nasdaq Stock Market
- $70,000 — eive cash compensation in the amount of $70,000 per year for his service on the Board.
- $200,000 — stock having a grant date fair value of $200,000, rounded down to the nearest whole shar
Filing Documents
- masi-20240115.htm (8-K) — 36KB
- masi-20240115xex991.htm (EX-99.1) — 35KB
- masi-20240115_g1.jpg (GRAPHIC) — 199KB
- masimologoq2020a.jpg (GRAPHIC) — 4KB
- 0000937556-24-000006.txt ( ) — 687KB
- masi-20240115.xsd (EX-101.SCH) — 3KB
- masi-20240115_def.xml (EX-101.DEF) — 15KB
- masi-20240115_lab.xml (EX-101.LAB) — 29KB
- masi-20240115_pre.xml (EX-101.PRE) — 15KB
- masi-20240115_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) The following items are filed as exhibits to the Current Report on Form 8-K. Exhibit No. Description 99.1 Press Release, Dated January 16, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, Masimo Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. MASIMO CORPORATION Date: January 16, 2024 By: /s/ M ICAH Y OUNG Micah Young Executive Vice President & Chief Financial Officer (Principal Financial Officer)