Form 4: Acuity Brands CFO Karen Holcom Reports Stock Transactions

Karen Holcom, CFO of Acuity Brands, reports exercising stock options and selling shares on April 4, 2024.

Summary

• Karen Holcom, the SVP & Chief Financial Officer of Acuity Brands, Inc., filed a Form 4 on April 5, 2024, reporting changes in beneficial ownership of the company's stock.
• On April 4, 2024, Holcom exercised non-qualified stock options to acquire 1,002 shares at $135.63, 1,590 shares at $207.8, and 897 shares at $239.76.
• She then sold 7,745 shares of common stock at a weighted average price of $262.24, with prices ranging from $262.09 to $262.47.
• Following these transactions, Holcom directly owns 20,287 shares of Acuity Brands common stock.
• She also owns 897 derivative securities.
• Holcom also reported transferring 372 shares to her ex-husband due to a divorce decree.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports transactions. There's no indication of positive or negative outlook.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates