Form 4: Adient Executive James Conklin Reports Share Transactions

Adient's EVP, Americas, James Conklin, reported the disposal of 487 ordinary shares to cover taxes and indirect ownership of 321.05 shares through a 401(k) savings plan.

Summary

• James Conklin, EVP of Americas at Adient plc, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On November 18, 2024, Mr. Conklin disposed of 487 ordinary shares at a price of $19.75 per share to cover taxes related to vesting of restricted stock units or performance share units.
• He also reported indirect ownership of 321.05 ordinary shares through the company's 401(k) Savings Plan.
• Following these transactions, Mr. Conklin directly owns 63,329 ordinary shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of share transactions by a company executive, which is common practice for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives who receive stock-based compensation and need to cover tax obligations.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Adient, James Conklin, Share Transactions, Executive Compensation, Stock Disposal, 401k, Equity