Form 4: Adient PLC: CEO Jerome J. Dorlack Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Jerome J. Dorlack, President and CEO of Adient PLC, disposed of 6,262 ordinary shares on February 8, 2025, to cover tax obligations related to vesting restricted stock units or performance share units.
Summary
- On February 8, 2025, Jerome J. Dorlack, the President and CEO of Adient PLC, reported a transaction involving the disposal of 6,262 ordinary shares.
- The disposal was executed to cover taxes due in connection with the vesting of restricted stock units or performance share units.
- Following the transaction, Dorlack directly owns 453,025 ordinary shares of Adient PLC.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Date of the transaction where 6,262 ordinary shares were disposed of. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
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