Form 4: AdvanSix Director Patrick Williams Acquires Additional Shares Through Deferred Compensation Plan
SEC Form 4 Filing
Director Patrick Williams increased his holdings in AdvanSix Inc. through a deferred compensation plan, acquiring 458 shares at $28.60 each.
Summary
- On March 28, 2024, Patrick Williams, a director of AdvanSix Inc. (ASIX), acquired 458 shares of common stock.
- The acquisition was part of the AdvanSix Inc. Deferred Compensation Plan.
- The price per share was $28.60.
- Following the transaction, Williams directly owns 21,768 shares of AdvanSix Inc.
- The transaction was reported on April 1, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to deferred compensation. The director increasing their holdings is a mildly positive signal.
Positives
- The director's increased stake in the company could be seen as a positive signal.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Patrick Williams acquired 458 shares of AdvanSix Inc. common stock. |
| 04/01/2024 | Date of filing: The Form 4 was filed on April 1, 2024. |
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