Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-29

Thermo Fisher Scientific (TMO)

CEO Marc Casper was paid $79,923,350 in fiscal year 2025, ↑ up 162.5% from fiscal year 2024, the 94th percentile of its disclosed peer group (SEC filing 0001193125-26-144585 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$79,923,350 ↑
Marc Casper total, FY2025
94th
CEO pay percentile vs peers
1,120:1
CEO-to-median pay ratio
31.78%
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TMO's next annual pay disclosure, estimated April 6, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Marc Casper$1,785,534$0$65,730,211$7,951,377$3,742,123$0$714,105$79,923,350
Chairman, President and Chief Executive Officer
Michel Lagarde1,166,43303,572,9912,563,6051,396,9200207,2258,907,174
Executive Vice President and Chief Operating Officer
Gianluca Pettiti1,031,91803,293,7542,363,4461,184,3320207,0178,080,467
Executive Vice President
Stephen Williamson1,095,17002,456,0331,762,9711,256,9260209,9126,781,012
Senior Vice President and Chief Financial Officer
Frederick Lowery930,35602,623,6831,882,841974,9200164,0216,575,821
Executive Vice President

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Marc Casper$79,923,350$30,449,599$18,976,669↑ +49,473,751
Michel Lagarde8,907,17412,778,3177,248,891↓ −3,871,143
Gianluca Pettiti8,080,46711,340,4245,731,883↓ −3,259,957
Stephen Williamson6,781,01211,087,5816,240,259↓ −4,306,569
Frederick Lowery6,575,8218,529,377—↓ −1,953,556

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
C. Martin HarrisIndependent Director$373,828
Debora L. SparIndependent Director$386,828
Dion J. WeislerIndependent Director$379,776
James C. MullenIndependent Director$350,792
Jennifer M. JohnsonIndependent Director$366,418
Karen S. LynchIndependent Director$398,400
Nelson J. ChaiIndependent Director$393,828
R. Alexandra KeithIndependent Director$352,442
Ruby R. ChandyIndependent Director$365,792
Scott M. SperlingLead Independent Director$437,728
Tyler JacksIndependent Director$388,828
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Gianluca PettitiPresident & COO2026-04-27D400$463$185,064CommonForm 4 ↗
Tyler JacksDirector2026-05-20A49900CommonForm 4 ↗
Dion J. WeislerDirector2026-05-20A49900CommonForm 4 ↗
C. Martin HarrisDirector2026-05-20A49900CommonForm 4 ↗
Karen S. LynchDirector2026-05-20A49900CommonForm 4 ↗
Ruby R. ChandyDirector2026-05-20A49900CommonForm 4 ↗
Nelson J. ChaiDirector2026-05-20A49900CommonForm 4 ↗
Debora L. SparDirector2026-05-20A49900CommonForm 4 ↗
Jennifer M. JohnsonDirector2026-05-20A49900CommonForm 4 ↗
Scott M. SperlingDirector2026-05-20A49900CommonForm 4 ↗
R. Alexandra KeithDirector2026-05-20A49900CommonForm 4 ↗
Dion J. WeislerDirector2026-05-20D80.2945236,273CommonForm 4 ↗
Karen S. LynchDirector2026-06-27A60.91——Derivative, Class A CommonForm 4 ↗
R. Alexandra KeithDirector2026-06-27A60.91——Derivative, Class A CommonForm 4 ↗
Scott M. SperlingDirector2026-06-27A82.84——Derivative, Class A CommonForm 4 ↗
Jennifer M. JohnsonDirector2026-06-27A60.91——Derivative, Class A CommonForm 4 ↗
Dion J. WeislerDirector2026-06-27A73.1——Derivative, Class A CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-07-27D400565226,000CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D4057022,788CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D3757821,370CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,113575639,953CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D590574338,678CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D216573123,785CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D6857238,862CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D3856921,627CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D2,2235751,278,181CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D431573246,997CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D13557177,151CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D13056873,830CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,289577743,534CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,464576843,337CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D6656837,484CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D7956644,735CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D7557843,317CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D2,5755771,485,312CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D2,9305761,687,827CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,186574680,800CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D5357030,197CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D10556959,770CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D15756688,901CommonForm 4 ↗
Marc N. CasperDirector2026-08-05A10,0003103,096,300CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-06D5,8505803,393,000CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-06A5,8503101,811,336CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,617574928,805CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D321579185,753CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,631572933,633CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D11957968,893CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,060575609,935CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,008574578,874CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D660572377,738CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D451577260,421CommonForm 4 ↗
Marc N. CasperDirector2026-08-06A10,0003103,096,300CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-06D5,85000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D12758073,661CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D361578208,503CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D225576129,620CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,200573688,008CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D240571137,040CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D311580180,349CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D480576276,701CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D2,1645751,245,295CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D2,5455741,459,634CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D480571274,104CommonForm 4 ↗
Dividend-equivalent accruals2026-08-07—695——2 insiders, 2 accrual rows
Marc N. CasperDirector2026-08-07D11759369,417CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D530585310,283CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D1,035584604,864CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11358265,749CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11457966,036CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D9457754,273CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D3259018,864CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D5858734,019CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D3058517,563CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D1858310,501CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D35811,742CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D45812,323CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D25791,159CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D45792,317CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D65773,464CommonForm 4 ↗
Marc N. CasperDirector2026-08-07A27531085,148CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-07D420585245,620CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-07A420310130,045CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D495591292,436CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D522590307,729CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D228588133,982CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D945587554,261CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D302583176,172CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11358165,620CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D75934,153CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D2959117,132CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D125887,052CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D6358436,817CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D25821,164CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D55822,909CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D14,30000Derivative, Class A CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11A11,2003103,467,856CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11A14,3004185,981,976CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D11,20000Derivative, Class A CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D14,3006008,580,000CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D11,2006006,720,000CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-19D11,44000Derivative, Class A CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-19D11,4406137,014,093CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-19A11,4404184,785,581CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D909625568,534CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D8063450,719CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D560633354,446CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,430632903,774CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,035631652,950CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,250630787,313CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D821627514,627CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D2,6016291,635,561CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,314628824,745CommonForm 4 ↗
Marc N. CasperDirector2026-08-20A10,0003103,096,300CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D321629201,941CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D2,1476291,349,626CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D1,7916271,123,655CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D3,0146271,888,301CommonForm 4 ↗
Marc N. CasperDirector2026-08-21A10,0003103,096,300CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D2,7276251,705,629CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-22D30.9562919,473CommonForm 4 ↗
Dividend-equivalent accruals2026-08-24—275——1 insider, 1 accrual row
Marc N. CasperDirector2026-08-24D6262938,982CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D3362720,677CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D10162563,166CommonForm 4 ↗
Marc N. CasperDirector2026-08-24A27531085,148CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D7962849,613CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D37.2362223,164CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D14.976229,314CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D113.6262270,694CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D55.1262234,295CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D44.4862227,676CommonForm 4 ↗
Marc N. CasperDirector2026-08-28D531.85622330,907CommonForm 4 ↗
Marc N. CasperDirector2026-08-28D724.77622450,935CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D105.462265,580CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D116.0462272,198CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D87.0362254,148CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D249622154,925CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D303.64622188,918CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D212.26622132,061CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D11.456227,122CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D189.53622117,924CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D210.81622131,159CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D162.46622101,078CommonForm 4 ↗
Thomas B. Shropshire Jr.SVP and General Counsel2026-08-28D49.0262230,502CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D19.8262212,334CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D85.162252,945CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D269.79622167,860CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D12.926228,035CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D10.576226,575CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D227.25622141,387CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31A3,7333101,155,849CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31D3,73300Derivative, Class A CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31D3,7336142,293,481CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31D400614245,752CommonForm 4 ↗
Karen S. LynchDirector2026-09-26A46.3——Derivative, Class A CommonForm 4 ↗
R. Alexandra KeithDirector2026-09-26A46.3——Derivative, Class A CommonForm 4 ↗
Dion J. WeislerDirector2026-09-26A55.56——Derivative, Class A CommonForm 4 ↗
Scott M. SperlingDirector2026-09-26A62.96——Derivative, Class A CommonForm 4 ↗
Jennifer M. JohnsonDirector2026-09-26A46.3——Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 164 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Gianluca PettitiPresident & COO2026-04-27D400$463$185,064CommonForm 4 ↗
Tyler JacksDirector2026-05-20A49900CommonForm 4 ↗
Dion J. WeislerDirector2026-05-20A49900CommonForm 4 ↗
C. Martin HarrisDirector2026-05-20A49900CommonForm 4 ↗
Karen S. LynchDirector2026-05-20A49900CommonForm 4 ↗
Ruby R. ChandyDirector2026-05-20A49900CommonForm 4 ↗
Nelson J. ChaiDirector2026-05-20A49900CommonForm 4 ↗
Debora L. SparDirector2026-05-20A49900CommonForm 4 ↗
Jennifer M. JohnsonDirector2026-05-20A49900CommonForm 4 ↗
Scott M. SperlingDirector2026-05-20A49900CommonForm 4 ↗
R. Alexandra KeithDirector2026-05-20A49900CommonForm 4 ↗
Dion J. WeislerDirector2026-05-20D80.2945236,273CommonForm 4 ↗
Karen S. LynchDirector2026-06-27A60.91——Derivative, Class A CommonForm 4 ↗
R. Alexandra KeithDirector2026-06-27A60.91——Derivative, Class A CommonForm 4 ↗
Scott M. SperlingDirector2026-06-27A82.84——Derivative, Class A CommonForm 4 ↗
Jennifer M. JohnsonDirector2026-06-27A60.91——Derivative, Class A CommonForm 4 ↗
Dion J. WeislerDirector2026-06-27A73.1——Derivative, Class A CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-07-27D400565226,000CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D4057022,788CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D3757821,370CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,113575639,953CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D590574338,678CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D216573123,785CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D6857238,862CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D3856921,627CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D2,2235751,278,181CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D431573246,997CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D13557177,151CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D13056873,830CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,289577743,534CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,464576843,337CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D6656837,484CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D7956644,735CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D7557843,317CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D2,5755771,485,312CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D2,9305761,687,827CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D1,186574680,800CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D5357030,197CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D10556959,770CommonForm 4 ↗
Marc N. CasperDirector2026-08-05D15756688,901CommonForm 4 ↗
Marc N. CasperDirector2026-08-05A10,0003103,096,300CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-06D5,8505803,393,000CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-06A5,8503101,811,336CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,617574928,805CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D321579185,753CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,631572933,633CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D11957968,893CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,060575609,935CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,008574578,874CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D660572377,738CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D451577260,421CommonForm 4 ↗
Marc N. CasperDirector2026-08-06A10,0003103,096,300CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-06D5,85000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D12758073,661CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D361578208,503CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D225576129,620CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D1,200573688,008CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D240571137,040CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D311580180,349CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D480576276,701CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D2,1645751,245,295CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D2,5455741,459,634CommonForm 4 ↗
Marc N. CasperDirector2026-08-06D480571274,104CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D27500Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11759369,417CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D530585310,283CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D1,035584604,864CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11358265,749CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11457966,036CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D9457754,273CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D3259018,864CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D5858734,019CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D3058517,563CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D1858310,501CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D35811,742CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D45812,323CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D25791,159CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D45792,317CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D65773,464CommonForm 4 ↗
Marc N. CasperDirector2026-08-07A27531085,148CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-07D42000Derivative, Class A CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-07D420585245,620CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-07A420310130,045CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D495591292,436CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D522590307,729CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D228588133,982CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D945587554,261CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D302583176,172CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D11358165,620CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D75934,153CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D2959117,132CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D125887,052CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D6358436,817CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D25821,164CommonForm 4 ↗
Marc N. CasperDirector2026-08-07D55822,909CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D14,30000Derivative, Class A CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11A11,2003103,467,856CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11A14,3004185,981,976CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D11,20000Derivative, Class A CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D14,3006008,580,000CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-11D11,2006006,720,000CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-19D11,44000Derivative, Class A CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-19D11,4406137,014,093CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-19A11,4404184,785,581CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D909625568,534CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D8063450,719CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D560633354,446CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,430632903,774CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,035631652,950CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,250630787,313CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D821627514,627CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D2,6016291,635,561CommonForm 4 ↗
Marc N. CasperDirector2026-08-20D1,314628824,745CommonForm 4 ↗
Marc N. CasperDirector2026-08-20A10,0003103,096,300CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D10,00000Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D321629201,941CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D2,1476291,349,626CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D1,7916271,123,655CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D3,0146271,888,301CommonForm 4 ↗
Marc N. CasperDirector2026-08-21A10,0003103,096,300CommonForm 4 ↗
Marc N. CasperDirector2026-08-21D2,7276251,705,629CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-22D30.9562919,473CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D27500Derivative, Class A CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D6262938,982CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D3362720,677CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D10162563,166CommonForm 4 ↗
Marc N. CasperDirector2026-08-24A27531085,148CommonForm 4 ↗
Marc N. CasperDirector2026-08-24D7962849,613CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D37.2362223,164CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D14.976229,314CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D113.6262270,694CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D55.1262234,295CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D44.4862227,676CommonForm 4 ↗
Marc N. CasperDirector2026-08-28D531.85622330,907CommonForm 4 ↗
Marc N. CasperDirector2026-08-28D724.77622450,935CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D105.462265,580CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D116.0462272,198CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D87.0362254,148CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D249622154,925CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D303.64622188,918CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D212.26622132,061CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D11.456227,122CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D189.53622117,924CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D210.81622131,159CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D162.46622101,078CommonForm 4 ↗
Thomas B. Shropshire Jr.SVP and General Counsel2026-08-28D49.0262230,502CommonForm 4 ↗
James MeyerSr. Vice President & CFO2026-08-28D19.8262212,334CommonForm 4 ↗
Lisa P. BrittSr. VP and Chief HR Officer2026-08-28D85.162252,945CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-28D269.79622167,860CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D12.926228,035CommonForm 4 ↗
Joseph R. HolmesVP & Chief Accounting Officer2026-08-28D10.576226,575CommonForm 4 ↗
Michael D. ShaferExecutive Vice President2026-08-28D227.25622141,387CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31A3,7333101,155,849CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31D3,73300Derivative, Class A CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31D3,7336142,293,481CommonForm 4 ↗
Gianluca PettitiPresident & COO2026-08-31D400614245,752CommonForm 4 ↗
Karen S. LynchDirector2026-09-26A46.3——Derivative, Class A CommonForm 4 ↗
R. Alexandra KeithDirector2026-09-26A46.3——Derivative, Class A CommonForm 4 ↗
Dion J. WeislerDirector2026-09-26A55.56——Derivative, Class A CommonForm 4 ↗
Scott M. SperlingDirector2026-09-26A62.96——Derivative, Class A CommonForm 4 ↗
Jennifer M. JohnsonDirector2026-09-26A46.3——Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Marc CasperOPTION2025-02-19——42,387—$7,951,377
Marc CasperPSU2025-02-19—15,030—33,0668,047,814
Marc CasperPSU2025-05-2170,769141,538—176,92357,682,397
Michel LagardePSU2025-02-19—4,461—9,8142,388,642
Frederick LoweryPSU2025-02-19—3,276—7,2071,754,134
Stephen WilliamsonPSU2025-02-19—3,067—6,7471,642,225
Gianluca PettitiPSU2025-02-19—4,113—9,0492,202,306
Frederick LoweryRSU2025-02-19——1,638—869,549
Gianluca PettitiRSU2025-02-19——2,056—1,091,448
Stephen WilliamsonRSU2025-02-19——1,533—813,808
Frederick LoweryOPTION2025-02-19——10,037—1,882,841
Stephen WilliamsonOPTION2025-02-19——9,398—1,762,971
Michel LagardeRSU2025-02-19——2,231—1,184,349
Gianluca PettitiOPTION2025-02-19——12,599—2,363,446
Michel LagardeOPTION2025-02-19——13,666—2,563,605
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Marc Casper$0$65,730,211$7,951,37789.2%
Michel Lagarde1,184,3492,388,6422,563,60538.9%
Frederick Lowery869,5491,754,1341,882,84138.9%
Stephen Williamson813,8081,642,2251,762,97138.9%
Gianluca Pettiti1,091,4482,202,3062,363,44638.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Gianluca PettitiOption14,300418.32—
Frederick LoweryOption14,300418.32—
Gianluca PettitiOption11,200309.63—
Michel LagardeOption9,138309.63—
Frederick LoweryRSU3,362—1,948,111
Michel LagardeRSU4,945—2,865,380
Marc CasperOption54,550309.63—
Marc CasperRSU15,824—9,169,217
Gianluca PettitiRSU4,113—2,383,278
Gianluca PettitiOption12,000458.81—
Michel LagardeOption11,682458.81—
Michel LagardeRSU1,364—790,370
Gianluca PettitiRSU439—254,379
Marc CasperRSU141,538—82,014,194
Marc CasperRSU15,030—8,709,134
Michel LagardeRSU4,461—2,584,926
Frederick LoweryRSU3,276—1,898,278
Stephen WilliamsonRSU3,067—1,777,173
Gianluca PettitiRSU1,747—1,012,299
Marc CasperRSU1,499—868,596
Frederick LoweryRSU1,392—806,594
Stephen WilliamsonRSU1,303—755,023
Gianluca PettitiRSU1,255—727,210
Stephen WilliamsonRSU1,179—683,172
Frederick LoweryRSU928—537,730
Michel LagardeRSU542—314,062
Stephen WilliamsonRSU454—263,070
Stephen WilliamsonOption20,000418.32—
Frederick LoweryOption12,675309.63—
Stephen WilliamsonOption17,300309.63—
Marc CasperOption40,850458.81—
Stephen WilliamsonOption12,250458.81—
Frederick LoweryRSU387—224,247
Michel LagardeOption22,870418.32—
Frederick LoweryOption10,980458.81—
Marc CasperOption53,730418.32—
Gianluca PettitiRSU4,549—2,635,918
Frederick LoweryRSU430—249,164
Stephen WilliamsonRSU4,274—2,476,569
Michel LagardeRSU1,896—1,098,637
Michel LagardeOption2,250294.02—
05

Incentive-plan design — the Compensation Discussion & Analysis

Performance-based: A substantial portion of executive compensation is at-risk and contingent on the achievement of predetermined performance objectives, which is intended to reward superior performance while holding executives accountable for under-performance. Shareholder-aligned: Incentive programs are structured to align executive rewards with the creation of shareholder value over both the short-term and long-term. Market-competitive: Compensation levels are competitive with those of companies with which we compete for executive talent, which is achieved by positioning target compensation within a competitive range around the market median, with adjustments based on individual performance, experience and enterprise impact.

CEO STI target (% of salary)210%
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2099,928,178214,525,6731,265,52431.78%Failed
20252025-05-21111,099,532201,378,1773,831,66435.55%Failed
20242024-05-22280,838,86635,306,2393,013,22288.83%Passed
20232023-05-24255,371,63268,034,961758,66578.96%Passed
20222022-05-18285,827,07538,248,3311,070,19488.2%Passed
20212021-05-19267,641,58654,679,5691,999,34983.04%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2031.78%a
20252025-05-2135.55%b
20242024-05-2288.83%c

a. Approved under the standard stated in the filing — “What are the voting standards and Board recommendations? Voting Item Board Recommendation Voting Standard Treatment of Abstentions & Broker Non-Votes Election of directors For all nominees Majority of votes cast Not counted as votes cast and therefore no effect Say-on-pay For Auditor ratification For We have a majority voting standard for director elections.”.

b. Approved under the standard stated in the filing — “at are the voting standards and Board recommendations? Voting Item Board Recommendation Voting Standard Treatment of Abstentions & Broker Non-Votes Election of directors For all nominees Majority of votes cast Not counted as votes cast and therefore no effect Say-on-Pay For Auditor ratification For Shareholder proposal Against Majority of shares outstanding We have a majority voting standard for director elections.”.

c. Approved under the standard stated in the filing — “at are the voting standards and Board recommendations? Voting Item Board Recommendation Voting Standard Treatment of Abstentions & Broker Non-Votes Election of directors For all nominees Majority of votes cast Not counted as votes cast and therefore no effect Say-on-Pay For Auditor ratification For Shareholder proposal Against Majority of shares outstanding We have a majority voting standard for director elections.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)1,120 : 1
CEO total compensation$79,923,350
Median employee compensation$71,333
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Scott M. SperlingIndependent · Lead Independent Director · Compensation$168,036$225,028$0—$44,664$437,728
Karen S. LynchIndependent · Audit · Compensation · Partial-year service107,599275,4600—15,341398,400
Nelson J. ChaiIndependent · Audit (Chair) · Nominating and Corporate Governance153,036225,0280—15,764393,828
Tyler JacksIndependent · Science and Technology (Chair) · Strategy and Finance148,036225,0280—15,764388,828
Debora L. SparIndependent · Strategy and Finance (Chair)148,036225,0280—13,764386,828
Dion J. WeislerIndependent · Audit · Compensation (Chair)150,000225,0280—4,748379,776
C. Martin HarrisIndependent · Nominating and Corporate Governance (Chair) · Science and Technology148,036225,0280—764373,828
Jennifer M. JohnsonIndependent · Audit · Nominating and Corporate Governance125,000225,0280—16,390366,418
Ruby R. ChandyIndependent · Audit125,000225,0280—15,764365,792
R. Alexandra KeithIndependent · Compensation · Nominating and Corporate Governance125,000225,0280—2,413352,442
James C. MullenIndependent · Compensation · Strategy and Finance125,000225,0280—764350,792
Marc N. CasperEmployee director000—00
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$225,028
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)30,000 / 25,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,522,779
Equity awards (grant-date value)$2,525,740
All other compensation$146,140
Total cost of the board$4,194,659

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Thermo Fisher Scientific names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Thermo Fisher Scientific.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Broadcom Inc.2025Hock Tan$1,200,000$202,351,080$0$0$205,278,006
2Thermo Fisher Scientific2025Marc Casper1,785,53465,730,2117,951,3773,742,12379,923,350
3Cisco Systems, Inc.2025Charles Robbins1,390,00045,870,69005,117,42452,838,751
4Eli Lilly and Company2025David Ricks1,700,00023,325,00006,485,50036,698,337
5NIKE, Inc.2026Elliott Hill1,500,00028,137,7983,967,1132,220,00036,340,876
6Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
7AbbVie Inc.2025Robert Michael1,700,00013,268,4563,199,1545,200,00032,530,984
8The PNC Financial Services Group, Inc.2025William Demchak1,300,00017,500,18409,200,00029,503,081
9Gilead Sciences Inc.2025Daniel O'Day1,795,19215,238,4024,500,0604,848,12028,437,198
10IQVIA Holdings Inc.2025Ari Bousbib1,800,00015,749,9574,528,3174,966,12728,128,245
11Pfizer, Inc.2025Albert Bourla1,800,0009,442,7058,998,1415,400,00027,585,301
12Automatic Data Processing, Inc.2026Maria Black1,267,00020,671,69402,926,80025,452,877
13Amgen Inc.2025Robert Bradway1,925,40912,599,5895,399,9963,907,00024,693,120
14PepsiCo, Inc.2025Ramon Laguarta1,804,61511,550,00805,771,00023,903,545
15Danaher Corp2025Rainer Blair1,400,0009,292,3708,386,6574,194,40023,795,280
16The Boeing Company2025Robert Ortberg1,500,0007,874,8189,624,9593,930,00023,581,389
17Boston Scientific Corp.2025Michael Mahoney1,442,60313,608,0563,749,9804,002,00123,532,050
18Medtronic, plc2026Geoffrey Martha1,399,03913,672,2005,175,5592,307,20022,940,252
19Texas Instruments Inc.2025Haviv Ilan1,295,8339,000,0719,000,017246,98622,669,509
20Bristol-Myers Squibb2025Christopher Boerner1,586,34616,061,39903,754,68421,879,919
21Stryker Corporation2025Kevin Lobo1,500,0009,764,1366,920,7812,250,00021,401,495
223M Company2025William Brown1,800,0007,753,8527,001,2423,745,32221,005,009
23Merck & Co, Inc.2025Robert Davis1,645,30212,102,8383,380,0042,326,50020,797,845
24Honeywell International Inc.2025Vimal Kapur1,600,00010,866,2693,623,9143,516,80020,381,435
25The Procter & Gamble Co.2026Shailesh Jejurikar1,387,50011,035,2093,500,010018,976,742
26Becton Dickinson and Company2025Thomas Polen1,395,4639,991,8543,311,8611,852,01017,129,140
27CSX Corporation2025Stephen Angel386,3645,385,3425,248,065513,86311,711,612
—AstraZeneca plc——————not in coverage universe
—Merck KGaA——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Thermo Fisher Scientific99.8%PSU 50 · Options 50Yes — Relative TSRPearl Meyer
3M Company118.9%PSU 50 · Options 50NoFW Cook
AbbVie Inc.not disclosedPSU 40 · PRSU 40 · Option 20Yes — Relative TSRSemler Brossy
Amgen Inc.136.0%PSU 50 · Options 30 · RSU 20Yes — relative TSRFrederic W. Cook & Co., Inc. (FW Cook)
AstraZeneca plcnot disclosednot disclosednot disclosednot disclosed
Automatic Data Processing, Inc.not disclosedPSU 75 · RSU 25Yes — Relative Total Shareholder Return (rTSR)FW Cook
Becton Dickinson and Company85%PSU 50 · Options 25 · RSU 25NoSemler Brossy
Boston Scientific Corp.173%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC
Bristol-Myers Squibb157.66%PSU 60 · MSU 40Yes — 3-Year Relative TSR CAGRFarient Advisors LLC
Broadcom Inc.not disclosedPSU 50 · RSU 50Yes — Relative TSRMeridian
Cisco Systems, Inc.142%PSU 60 · RSU 40Yes — Relative TSRExequity
CSX Corporation76%PSU 60 · Option 20 · RSU 20NoPay Governance, LLC
Danaher Corpnot disclosedOptions 50 · RSU 50Yes — Relative TSRFW Cook
Eli Lilly and Company218%PSU 100NoFW Cook
Gilead Sciences Inc.180%PSU 50 · Options 25 · RSU 25Yes — Relative TSRFW Cook
Honeywell International Inc.126%PSU 50 · Options 25 · RSU 25Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Groupnot disclosed
IQVIA Holdings Inc.not disclosedPSU 75 · Options 25YesMeridian Compensation Partners, LLC
Johnson & Johnsonnot disclosednot disclosedYes — Relative TSRSemler Brossy Consulting Group
Medtronic, plc103%PSU 50 · Options 30 · RSU 20NoSemler Brossy
Merck & Co, Inc.94%PSU 60 · RSU 20 · Options 20Yes — Relative Total Shareholder Return (R-TSR)FW Cook
Merck KGaAnot disclosednot disclosednot disclosednot disclosed
NIKE, Inc.74%PSU 50 · Option 25 · RSU 25Yes — Relative TSRnot disclosed
PepsiCo, Inc.not disclosednot disclosedYes — Relative TSR PerformanceFW Cook
Pfizer, Inc.150%PSU 50 · MSU 50Yes — relative TSR as compared to the NYSE Arca Pharmaceutical Index (DRG Index or DRG)Meridian Compensation Partners, LLC
Stryker Corporation100%PSU 48 · Options 34NoSemler Brossy
Texas Instruments Inc.not disclosedRSU 50 · Option 50not disclosedPearl Meyer
The Boeing Company131%Options 55 · RSU 45NoFW Cook (Frederic W. Cook & Co., Inc.)
The PNC Financial Services Group, Inc.not disclosedPSU 60 · RSU 40NoMeridian Compensation Partners, LLC
The Procter & Gamble Co.not disclosedPSU 50 · Options 25 · RSU 25Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Thermo Fisher Scientific in fiscal 2025?
As disclosed, Marc Casper (Chairman, President and Chief Executive Officer) was the highest-paid executive at Thermo Fisher Scientific in fiscal 2025, with total compensation of $79,923,350.
How does Thermo Fisher Scientific's chief executive pay compare to its disclosed peer group?
As disclosed, Marc Casper's total compensation ranked at the 94th percentile of Thermo Fisher Scientific's disclosed peer group.
What is Thermo Fisher Scientific's CEO-to-median employee pay ratio?
As disclosed, Thermo Fisher Scientific's CEO-to-median employee pay ratio was 1120:1.
How did shareholders vote on Thermo Fisher Scientific's executive compensation?
As disclosed, 31.78% of shareholders supported Thermo Fisher Scientific's executive compensation in the latest say-on-pay vote.
How much does Thermo Fisher Scientific spend in total on board compensation for fiscal 2025?
As disclosed, Thermo Fisher Scientific reported total board compensation of $4,194,659 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Marc CasperDEF 14A2026-04-070001193125-26-144585Section “Summary compensation table” · page 51. As printed: 79,923,350. Filing ↗machine: span 973487–973497
2Section 01, Michel LagardeDEF 14A2026-04-070001193125-26-144585Section “Summary compensation table” · page 51. As printed: 8,907,174. Filing ↗machine: span 1013360–1013369
3Section 01, Gianluca PettitiDEF 14A2026-04-070001193125-26-144585Section “Summary compensation table” · page 51. As printed: 8,080,467. Filing ↗machine: span 1032956–1032965
4Section 01, Stephen WilliamsonDEF 14A2026-04-070001193125-26-144585Section “Summary compensation table” · page 51. As printed: 6,781,012. Filing ↗machine: span 993125–993134
5Section 01, Frederick LoweryDEF 14A2026-04-070001193125-26-144585Section “Summary compensation table” · page 51. As printed: 6,575,821. Filing ↗machine: span 1052767–1052776
6Section 03, Marc Casper OPTIONDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1138210–1138219
7Section 03, Marc Casper PSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1129013–1129022
8Section 03, Marc Casper PSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1147820–1147830
9Section 03, Michel Lagarde PSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1203207–1203216
10Section 03, Frederick Lowery PSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1276586–1276595
11Section 03, Stephen Williamson PSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1166534–1166543
12Section 03, Gianluca Pettiti PSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1239910–1239919
13Section 03, Frederick Lowery RSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1285381–1285388
14Section 03, Gianluca Pettiti RSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1248730–1248739
15Section 03, Stephen Williamson RSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1175354–1175361
16Section 03, Frederick Lowery OPTIONDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1294576–1294585
17Section 03, Stephen Williamson OPTIONDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1184573–1184582
18Section 03, Michel Lagarde RSUDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1212002–1212011
19Section 03, Gianluca Pettiti OPTIONDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1257952–1257961
20Section 03, Michel Lagarde OPTIONDEF 14A1900-01-010001193125-26-144585Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1221199–1221208
21Section 07, pay ratioDEF 14A2026-04-07—Section “CEO Pay Ratio”. As printed: 1120 : 1. Filing ↗machine: span 102956–102957
22Section 08, Scott M. SperlingDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 437,728. Filing ↗machine: t195 · r22 · c19 · span 566868–566917
23Section 08, Karen S. LynchDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 398,400. Filing ↗machine: t195 · r16 · c19 · span 557795–557844
24Section 08, Nelson J. ChaiDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 393,828. Filing ↗machine: t195 · r4 · c19 · span 539672–539721
25Section 08, Tyler JacksDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 388,828. Filing ↗machine: t195 · r10 · c19 · span 548677–548726
26Section 08, Debora L. SparDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 386,828. Filing ↗machine: t195 · r20 · c19 · span 563799–563848
27Section 08, Dion J. WeislerDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 379,776. Filing ↗machine: t195 · r24 · c19 · span 569885–569941
28Section 08, C. Martin HarrisDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 373,828. Filing ↗machine: t195 · r8 · c19 · span 545677–545726
29Section 08, Jennifer M. JohnsonDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 366,418. Filing ↗machine: t195 · r12 · c19 · span 551685–551734
30Section 08, Ruby R. ChandyDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 365,792. Filing ↗machine: t195 · r6 · c19 · span 542675–542724
31Section 08, R. Alexandra KeithDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 352,442. Filing ↗machine: t195 · r14 · c19 · span 554691–554740
32Section 08, James C. MullenDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 350,792. Filing ↗machine: t195 · r18 · c19 · span 560796–560845
33Section 08, Marc N. CasperDEF 14A2026-04-070001193125-26-144585Section “Director Compensation”. As printed: 0. Filing ↗
34Section 02, Gianluca Pettiti 2026-04-27Form 42026-04-290000097745-26-000089Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Tyler Jacks 2026-05-20Form 42026-05-220000097745-26-000109Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Dion J. Weisler 2026-05-20Form 42026-05-220000097745-26-000116Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, C. Martin Harris 2026-05-20Form 42026-05-220000097745-26-000108Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Karen S. Lynch 2026-05-20Form 42026-05-220000097745-26-000112Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Ruby R. Chandy 2026-05-20Form 42026-05-220000097745-26-000107Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Nelson J. Chai 2026-05-20Form 42026-05-220000097745-26-000106Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Debora L. Spar 2026-05-20Form 42026-05-220000097745-26-000113Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Jennifer M. Johnson 2026-05-20Form 42026-05-220000097745-26-000110Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Scott M. Sperling 2026-05-20Form 42026-05-220000097745-26-000114Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, R. Alexandra Keith 2026-05-20Form 42026-05-220000097745-26-000111Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Dion J. Weisler 2026-05-20Form 42026-05-220000097745-26-000116Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Karen S. Lynch 2026-06-27Form 42026-06-300000097745-26-000133Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, R. Alexandra Keith 2026-06-27Form 42026-06-300000097745-26-000135Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Scott M. Sperling 2026-06-27Form 42026-06-300000097745-26-000136Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Jennifer M. Johnson 2026-06-27Form 42026-06-300000097745-26-000132Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Dion J. Weisler 2026-06-27Form 42026-06-300000097745-26-000134Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Gianluca Pettiti 2026-07-27Form 42026-07-280000097745-26-000140Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Marc N. Casper 2026-08-05Form 42026-08-070001216055-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Lisa P. Britt 2026-08-06Form 42026-08-070000097745-26-000146Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Lisa P. Britt 2026-08-06Form 42026-08-070000097745-26-000146Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, Lisa P. Britt 2026-08-06Form 42026-08-070000097745-26-000146Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Marc N. Casper 2026-08-06Form 42026-08-070001216055-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Joseph R. Holmes 2026-08-07Form 42026-08-100001839832-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Joseph R. Holmes 2026-08-07Form 42026-08-100001839832-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Joseph R. Holmes 2026-08-07Form 42026-08-100001839832-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
129Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
130Section 02, Marc N. Casper 2026-08-07Form 42026-08-100001216055-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
131Section 02, Michael D. Shafer 2026-08-11Form 42026-08-130000097745-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
132Section 02, Michael D. Shafer 2026-08-11Form 42026-08-130000097745-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
133Section 02, Michael D. Shafer 2026-08-11Form 42026-08-130000097745-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
134Section 02, Michael D. Shafer 2026-08-11Form 42026-08-130000097745-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
135Section 02, Michael D. Shafer 2026-08-11Form 42026-08-130000097745-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
136Section 02, Michael D. Shafer 2026-08-11Form 42026-08-130000097745-26-000149Insider equity transaction reported since the proxy statement. Filing ↗
137Section 02, Lisa P. Britt 2026-08-19Form 42026-08-200000097745-26-000150Insider equity transaction reported since the proxy statement. Filing ↗
138Section 02, Lisa P. Britt 2026-08-19Form 42026-08-200000097745-26-000150Insider equity transaction reported since the proxy statement. Filing ↗
139Section 02, Lisa P. Britt 2026-08-19Form 42026-08-200000097745-26-000150Insider equity transaction reported since the proxy statement. Filing ↗
140Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
141Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
142Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
143Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
144Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
145Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
146Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
147Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
148Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
149Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
150Section 02, Marc N. Casper 2026-08-20Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
151Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
152Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
153Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
154Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
155Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
156Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
157Section 02, Marc N. Casper 2026-08-21Form 42026-08-240000097745-26-000152Insider equity transaction reported since the proxy statement. Filing ↗
158Section 02, James Meyer 2026-08-22Form 42026-08-240000097745-26-000153Insider equity transaction reported since the proxy statement. Filing ↗
159Section 02, Marc N. Casper 2026-08-24Form 42026-08-260001216055-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
160Section 02, Marc N. Casper 2026-08-24Form 42026-08-260001216055-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
161Section 02, Marc N. Casper 2026-08-24Form 42026-08-260001216055-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
162Section 02, Marc N. Casper 2026-08-24Form 42026-08-260001216055-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
163Section 02, Marc N. Casper 2026-08-24Form 42026-08-260001216055-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
164Section 02, Marc N. Casper 2026-08-24Form 42026-08-260001216055-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
165Section 02, James Meyer 2026-08-28Form 42026-09-010000097745-26-000166Insider equity transaction reported since the proxy statement. Filing ↗
166Section 02, Joseph R. Holmes 2026-08-28Form 42026-09-010000097745-26-000163Insider equity transaction reported since the proxy statement. Filing ↗
167Section 02, James Meyer 2026-08-28Form 42026-09-010000097745-26-000166Insider equity transaction reported since the proxy statement. Filing ↗
168Section 02, James Meyer 2026-08-28Form 42026-09-010000097745-26-000166Insider equity transaction reported since the proxy statement. Filing ↗
169Section 02, James Meyer 2026-08-28Form 42026-09-010000097745-26-000166Insider equity transaction reported since the proxy statement. Filing ↗
170Section 02, Marc N. Casper 2026-08-28Form 42026-09-010000097745-26-000167Insider equity transaction reported since the proxy statement. Filing ↗
171Section 02, Marc N. Casper 2026-08-28Form 42026-09-010000097745-26-000167Insider equity transaction reported since the proxy statement. Filing ↗
172Section 02, Lisa P. Britt 2026-08-28Form 42026-09-010000097745-26-000161Insider equity transaction reported since the proxy statement. Filing ↗
173Section 02, Lisa P. Britt 2026-08-28Form 42026-09-010000097745-26-000161Insider equity transaction reported since the proxy statement. Filing ↗
174Section 02, Lisa P. Britt 2026-08-28Form 42026-09-010000097745-26-000161Insider equity transaction reported since the proxy statement. Filing ↗
175Section 02, Gianluca Pettiti 2026-08-28Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
176Section 02, Gianluca Pettiti 2026-08-28Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
177Section 02, Gianluca Pettiti 2026-08-28Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
178Section 02, Joseph R. Holmes 2026-08-28Form 42026-09-010000097745-26-000163Insider equity transaction reported since the proxy statement. Filing ↗
179Section 02, Michael D. Shafer 2026-08-28Form 42026-09-010000097745-26-000164Insider equity transaction reported since the proxy statement. Filing ↗
180Section 02, Michael D. Shafer 2026-08-28Form 42026-09-010000097745-26-000164Insider equity transaction reported since the proxy statement. Filing ↗
181Section 02, Michael D. Shafer 2026-08-28Form 42026-09-010000097745-26-000164Insider equity transaction reported since the proxy statement. Filing ↗
182Section 02, Thomas B. Shropshire Jr. 2026-08-28Form 42026-09-010000097745-26-000165Insider equity transaction reported since the proxy statement. Filing ↗
183Section 02, James Meyer 2026-08-28Form 42026-09-010000097745-26-000166Insider equity transaction reported since the proxy statement. Filing ↗
184Section 02, Lisa P. Britt 2026-08-28Form 42026-09-010000097745-26-000161Insider equity transaction reported since the proxy statement. Filing ↗
185Section 02, Gianluca Pettiti 2026-08-28Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
186Section 02, Joseph R. Holmes 2026-08-28Form 42026-09-010000097745-26-000163Insider equity transaction reported since the proxy statement. Filing ↗
187Section 02, Joseph R. Holmes 2026-08-28Form 42026-09-010000097745-26-000163Insider equity transaction reported since the proxy statement. Filing ↗
188Section 02, Michael D. Shafer 2026-08-28Form 42026-09-010000097745-26-000164Insider equity transaction reported since the proxy statement. Filing ↗
189Section 02, Gianluca Pettiti 2026-08-31Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
190Section 02, Gianluca Pettiti 2026-08-31Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
191Section 02, Gianluca Pettiti 2026-08-31Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
192Section 02, Gianluca Pettiti 2026-08-31Form 42026-09-010000097745-26-000162Insider equity transaction reported since the proxy statement. Filing ↗
193Section 02, Karen S. Lynch 2026-09-26Form 42026-09-290001333760-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
194Section 02, R. Alexandra Keith 2026-09-26Form 42026-09-290001710268-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
195Section 02, Dion J. Weisler 2026-09-26Form 42026-09-290001580693-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
196Section 02, Scott M. Sperling 2026-09-26Form 42026-09-290001214212-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
197Section 02, Jennifer M. Johnson 2026-09-26Form 42026-09-290001010270-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
198Section 06, 2026 voteForm 8-K2026-05-260000097745-26-000117Item 5.07 · say-on-pay result. As reported: 31.78% (votes for as printed: 99,928,178). Filing ↗
199Section 06, 2025 voteForm 8-K2025-05-280000097745-25-000069Item 5.07 · say-on-pay result. As reported: 35.55% (votes for as printed: 111,099,532). Filing ↗
200Section 06, 2024 voteForm 8-K2024-05-240000097745-24-000026Item 5.07 · say-on-pay result. As reported: 88.83% (votes for as printed: 280,838,866). Filing ↗
201Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
202Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
203Section 09b board cost (computed)Computed——Cash 1,522,779 + equity 2,525,740 + all other 146,140 = 4,194,659, summed across the director compensation table rows.machine: formula: Σ = 4,194,659
204Broadcom Inc., Section 10b CEO totalDEF 14A2026-03-020001193125-26-085691CEO total compensation as printed in Broadcom Inc.'s own proxy. As printed: 205,278,006. Filing ↗machine: span 845048–845059
205Thermo Fisher Scientific (subject), Section 10b CEO totalDEF 14A2026-04-070001193125-26-144585CEO total compensation as printed in Thermo Fisher Scientific's own proxy. As printed: 79,923,350. Filing ↗machine: span 973487–973497
206Cisco Systems, Inc., Section 10b CEO totalDEF 14A2025-10-280000858877-25-000150CEO total compensation as printed in Cisco Systems, Inc.'s own proxy. As printed: 52,838,751. Filing ↗machine: r2 · c33 · span 1073719–1073729
207Eli Lilly and Company, Section 10b CEO totalDEF 14A2026-03-200000059478-26-000029CEO total compensation as printed in Eli Lilly and Company's own proxy. As printed: 36,698,337. Filing ↗machine: t92 · r2 · c20 · span 925013–925024
208NIKE, Inc., Section 10b CEO totalDEF 14A2026-07-150000320187-26-000089CEO total compensation as printed in NIKE, Inc.'s own proxy. As printed: 36,340,876. Filing ↗machine: r2 · c24 · span 647557–647567
209Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
210AbbVie Inc., Section 10b CEO totalDEF 14A2026-03-230001104659-26-033387CEO total compensation as printed in AbbVie Inc.'s own proxy. As printed: 32,530,984. Filing ↗
211The PNC Financial Services Group, Inc., Section 10b CEO totalDEF 14A2026-03-110001193125-26-102189CEO total compensation as printed in The PNC Financial Services Group, Inc.'s own proxy. As printed: 29,503,081. Filing ↗
212Gilead Sciences Inc., Section 10b CEO totalDEF 14A2026-03-200001308179-26-000106CEO total compensation as printed in Gilead Sciences Inc.'s own proxy. As printed: 28,437,198. Filing ↗machine: t414 · r1 · c29 · span 989582–989592
213IQVIA Holdings Inc., Section 10b CEO totalDEF 14A2026-02-270001628280-26-012892CEO total compensation as printed in IQVIA Holdings Inc.'s own proxy. As printed: 28,128,245. Filing ↗machine: t232 · r4 · c10 · span 1613956–1613966
214Pfizer, Inc., Section 10b CEO totalDEF 14A2026-03-120000078003-26-000033CEO total compensation as printed in Pfizer, Inc.'s own proxy. As printed: 27,585,301. Filing ↗machine: t242 · r3 · c12 · span 1506825–1506835
215Automatic Data Processing, Inc., Section 10b CEO totalDEF 14A2026-09-240001308179-26-000409CEO total compensation as printed in Automatic Data Processing, Inc.'s own proxy. As printed: 25,452,877. Filing ↗machine: r2 · c25 · span 1057153–1057163
216Amgen Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-145588CEO total compensation as printed in Amgen Inc.'s own proxy. As printed: 24,693,120. Filing ↗machine: span 1591156–1591166
217PepsiCo, Inc., Section 10b CEO totalDEF 14A2026-03-270001308179-26-000169CEO total compensation as printed in PepsiCo, Inc.'s own proxy. As printed: 23,903,545. Filing ↗machine: r2 · c20 · span 826280–826290
218Danaher Corp, Section 10b CEO totalDEF 14A2026-03-250000313616-26-000101CEO total compensation as printed in Danaher Corp's own proxy. As printed: 23,795,280. Filing ↗machine: t122 · r2 · c21 · span 1070180–1070190
219The Boeing Company, Section 10b CEO totalDEF 14A2026-03-060001193125-26-096787CEO total compensation as printed in The Boeing Company's own proxy. As printed: 23,581,389. Filing ↗machine: r2 · c44 · span 1170571–1170581
220Boston Scientific Corp., Section 10b CEO totalDEF 14A2026-03-180000885725-26-000025CEO total compensation as printed in Boston Scientific Corp.'s own proxy. As printed: 23,532,050. Filing ↗machine: r2 · c27 · span 1249807–1249817
221Medtronic, plc, Section 10b CEO totalDEF 14A2026-08-170001613103-26-000010CEO total compensation as printed in Medtronic, plc's own proxy. As printed: 22,940,252. Filing ↗machine: span 988220–988230
222Texas Instruments Inc., Section 10b CEO totalDEF 14A2026-03-040000097476-26-000078CEO total compensation as printed in Texas Instruments Inc.'s own proxy. As printed: 22,669,509. Filing ↗machine: span 619249–619259
223Bristol-Myers Squibb, Section 10b CEO totalDEF 14A2026-03-250000014272-26-000006CEO total compensation as printed in Bristol-Myers Squibb's own proxy. As printed: 21,879,919. Filing ↗machine: t168 · r3 · c15 · span 1302160–1302170
224Stryker Corporation, Section 10b CEO totalDEF 14A2026-03-230000310764-26-000013CEO total compensation as printed in Stryker Corporation's own proxy. As printed: 21,401,495. Filing ↗machine: t101 · r2 · c7 · span 1584979–1584989
2253M Company, Section 10b CEO totalDEF 14A2026-03-250000066740-26-000151CEO total compensation as printed in 3M Company's own proxy. As printed: 21,005,009. Filing ↗machine: r2 · c9 · span 2797692–2797702
226Merck & Co, Inc., Section 10b CEO totalDEF 14A2026-04-080001193125-26-147704CEO total compensation as printed in Merck & Co, Inc.'s own proxy. As printed: 20,797,845. Filing ↗machine: span 1371012–1371022
227Honeywell International Inc., Section 10b CEO totalDEF 14A2026-04-100000773840-26-000029CEO total compensation as printed in Honeywell International Inc.'s own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439
228The Procter & Gamble Co., Section 10b CEO totalDEF 14A2026-08-280001193125-26-372211CEO total compensation as printed in The Procter & Gamble Co.'s own proxy. As printed: 18,976,742. Filing ↗
229Becton Dickinson and Company, Section 10b CEO totalDEF 14A2025-12-180001628280-25-057846CEO total compensation as printed in Becton Dickinson and Company's own proxy. As printed: 17,129,140. Filing ↗machine: r2 · c27 · span 1173285–1173295
230CSX Corporation, Section 10b CEO totalDEF 14A2026-03-300001628280-26-021944CEO total compensation as printed in CSX Corporation's own proxy. As printed: 11,711,612. Filing ↗machine: r2 · c27 · span 1506353–1506363
231Section 10a, Boston Scientific Corp. reciprocityDEF 14A—0000885725-26-000025Boston Scientific Corp. names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
232Section 10a, Danaher Corp reciprocityDEF 14A—0000313616-26-000101Danaher Corp names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
233Section 10a, Johnson & Johnson reciprocityDEF 14A—0000200406-26-000063Johnson & Johnson's most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
234Section 10a, Merck & Co, Inc. reciprocityDEF 14A—0001193125-26-147704Merck & Co, Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
235Section 10a, Stryker Corporation reciprocityDEF 14A—0000310764-26-000013Stryker Corporation names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
236Section 10a, The Procter & Gamble Co. reciprocityDEF 14A—0001193125-26-372211The Procter & Gamble Co. names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
237Section 10a, 3M Company reciprocityDEF 14A—0000066740-26-0001513M Company's most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
238Section 10a, AbbVie Inc. reciprocityDEF 14A—0001104659-26-033387AbbVie Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
239Section 10a, Amgen Inc. reciprocityDEF 14A—0001193125-26-145588Amgen Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
240Section 10a, Becton Dickinson and Company reciprocityDEF 14A—0001628280-25-057846Becton Dickinson and Company names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
241Section 10a, Bristol-Myers Squibb reciprocityDEF 14A—0000014272-26-000006Bristol-Myers Squibb's most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
242Section 10a, Broadcom Inc. reciprocityDEF 14A—0001193125-26-085691Broadcom Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
243Section 10a, Cisco Systems, Inc. reciprocityDEF 14A—0000858877-25-000150Cisco Systems, Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
244Section 10a, Eli Lilly and Company reciprocityDEF 14A—0000059478-26-000029Eli Lilly and Company names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
245Section 10a, Gilead Sciences Inc. reciprocityDEF 14A—0001308179-26-000106Gilead Sciences Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
246Section 10a, Honeywell International Inc. reciprocityDEF 14A—0000773840-26-000029Honeywell International Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
247Section 10a, NIKE, Inc. reciprocityDEF 14A—0000320187-26-000089NIKE, Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
248Section 10a, Pfizer, Inc. reciprocityDEF 14A—0000078003-26-000033Pfizer, Inc. names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
249Section 10a, Texas Instruments Inc. reciprocityDEF 14A—0000097476-26-000078Texas Instruments Inc. names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
250Section 10a, Automatic Data Processing, Inc. reciprocityDEF 14A—0001308179-26-000409Automatic Data Processing, Inc.'s most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
251Section 10a, CSX Corporation reciprocityDEF 14A—0001628280-26-021944CSX Corporation's most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗
252Section 10a, IQVIA Holdings Inc. reciprocityDEF 14A—0001628280-26-012892IQVIA Holdings Inc. names Thermo Fisher Scientific in its own disclosed peer group (read from its most recent proxy). Filing ↗
253Section 10a, The Boeing Company reciprocityDEF 14A—0001193125-26-096787The Boeing Company's most recent proxy was read; its disclosed peer group does not include Thermo Fisher Scientific. Filing ↗

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