Michael D. Shafer - 25 Feb 2026 Form 4 Insider Report for THERMO FISHER SCIENTIFIC INC. (TMO)

Role: Executive Vice President
Signature: /s/ Melodie T. Morin, Attorney-in-Fact for Michael D. Shafer
Issuer symbol: TMO
Transactions as of: 25 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 27 Feb 2026, 16:58:53 UTC
Previous filing: 26 Nov 2025
Next filing: 02 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Shafer Michael D	Executive Vice President	168 THIRD AVENUE, WALTHAM	/s/ Melodie T. Morin, Attorney-in-Fact for Michael D. Shafer	27 Feb 2026	0002020619

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMO	Common Stock	Award	$0	+1,569	+8.4%	$0.000000	20,244	25 Feb 2026	Direct	F1, F2
transaction	TMO	Common Stock	Award	$0	+3,129	+15%	$0.000000	23,373	25 Feb 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TMO	Stock Option (Right to Buy)	Award	$0	+13,698		$0.000000	13,698	25 Feb 2026	Common Stock	13,698	$513.68	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares represent a performance-based restricted stock unit award granted on February 19, 2025. The Company's Compensation Committee determined on February 25, 2026, that the performance criteria related to this award were satisfied. One-third of the shares vest on February 28, 2026 and 2027. The remaining one-third will vest on February 28, 2028, and is subject to adjustment (positive or negative) for long-term performance which is based on the comparison of the Company's total shareholder return compound annual growth rate ("CAGR") to the total shareholder return CAGR of each of the companies in the peer group, as specified within the award agreement, over the measurement period starting on January 1, 2025, through to December 31, 2027.
F2	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 56 fewer shares than previously reported.
F3	The option vests in four equal annual installments beginning on February 28, 2027.