Form 4: Adient plc: Officer Smith Sells 1,000 Shares
SEC Form 4 Filing
Gregory Scott Smith, SVP & Chief Accounting Officer of Adient plc, sold 1,000 ordinary shares at an average price of $29.47 on May 15, 2024.
Summary
- Gregory Scott Smith, SVP & Chief Accounting Officer of Adient plc, reported a transaction on May 15, 2024.
- Smith sold 1,000 ordinary shares at a weighted average price of $29.47, with prices ranging from $29.46 to $29.50.
- Following the transaction, Smith directly owns 15,399.424 ordinary shares.
- Smith also indirectly owns 1,162.61 shares through the Company Savings Plan as of May 15, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an officer's stock sale, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for officers of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, as insider sales can sometimes be interpreted negatively, but the volume is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Sale of 1,000 ordinary shares. |
| 05/16/2024 | Date of signature for the Form 4 filing. |
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