Form 4: Adient Executive Stephanie S. Marianos Reports Share Transactions
SEC Form 4 Filing
Executive Vice President of Adient, Stephanie S. Marianos, reports the disposal of 312 ordinary shares to cover taxes and an indirect holding of 478.3 shares through a 401(k) savings plan.
Summary
- Stephanie S. Marianos, an Executive Vice President at Adient plc, filed a Form 4 disclosing changes in her beneficial ownership of the company's ordinary shares.
- On November 18, 2024, she disposed of 312 ordinary shares at a price of $19.75 per share to cover taxes related to the vesting of restricted stock units or performance share units.
- She also reported an indirect ownership of 478.3 ordinary shares through the company's 401(k) Savings Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and is common 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 receiving stock-based compensation, where shares are often sold to cover tax obligations upon vesting.
Stakeholder Impact
- The share disposal has a minimal impact on shareholders as it is a small transaction related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 11/18/2024 | Date of the share disposal and the date of the 401k share information. |
| 11/20/2024 | Date the Form 4 was signed. |
Keywords
Form 4, Beneficial Ownership, Adient, Share Transactions, Executive Compensation, Stock Disposal, 401k, Stephanie S. Marianos
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