Form 4: AdvanSix Controller Christopher Gramm Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher Gramm, Controller of AdvanSix Inc., reports the disposition of 1,317 shares of common stock to cover tax obligations related to vested Restricted Stock Units.
Summary
- On February 24, 2024, Christopher Gramm, Controller of AdvanSix Inc., disposed of 1,317 shares of common stock.
- The shares were withheld to satisfy tax withholding obligations related to Restricted Stock Units that vested on the same date.
- The transaction price was $27.81 per share.
- Following the transaction, Gramm directly owns 32,427 shares of AdvanSix Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/24/2024 | Date of transaction and vesting of Restricted Stock Units |
| 02/27/2024 | Date of signature on the report |
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