Form 4: ABM Industries Executive Vice President Joshua H. Feinberg Reports Acquisition of 111 Shares
SEC Form 4 Filing
Executive Vice President of ABM Industries, Joshua H. Feinberg, reports acquiring 111 shares of common stock on May 6, 2024.
Summary
- On May 6, 2024, Joshua H. Feinberg, an Executive Vice President at ABM Industries Inc., acquired 111 shares of common stock.
- The acquisition was made at a price of $0.00 per share.
- Following the transaction, Feinberg directly owns 98,028 shares of ABM Industries Inc. common stock.
- The shares were acquired through dividend equivalent rights (DERs) accrued on restricted stock units granted under the 2021 Equity and Incentive Compensation Plan.
- Each DER is the economic equivalent of one share of ABM common stock and vests in the same manner as the restricted stock units to which they relate.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive, which is neither particularly positive nor negative on its own.
Positives
- The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from an executive.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of transaction: Joshua H. Feinberg acquired 111 shares of ABM Industries Inc. common stock. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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