Form 4: Adient Executive Heather M. Tiltmann Reports Share Transactions

Adient executive Heather M. Tiltmann reported the disposal of 1,338 ordinary shares to cover taxes and an indirect holding of 3,249.32 shares through the company's 401(k) savings plan.

Summary

• Heather M. Tiltmann, an executive at Adient plc, reported a transaction involving the company's ordinary shares.
• On November 18, 2024, 1,338 shares were disposed of at a price of $19.75 per share to cover taxes related to the vesting of restricted stock units or performance share units.
• Following the transaction, Ms. Tiltmann directly owns 92,588.22 ordinary shares.
• Ms. Tiltmann also has an indirect holding of 3,249.32 shares through the company's 401(k) savings plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of an executive's share transaction, which is neither positive nor negative for the company's overall outlook.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transaction is typical for executives who receive stock-based compensation, often selling shares to cover tax obligations upon vesting.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover taxes.

Key Dates

Keywords

Adient, share transaction, executive, Form 4, insider trading, equity, stock, shares