Form 4: AdvanSix Director Patrick Williams Acquires Shares Through Deferred Compensation Plan
Insider Transaction Report
AdvanSix Inc. Director Patrick Williams acquired 552 shares of common stock on June 30, 2025, as part of a deferred compensation plan, increasing his beneficial ownership to 34,193 shares.
Summary
- Patrick Williams, a Director of AdvanSix Inc. (ASIX), acquired 552 shares of common stock.
- The transaction occurred on June 30, 2025, at a price of $23.75 per share.
- This acquisition represents the allocation of deferred compensation to his deferred stock unit fund account under the AdvanSix Inc. Deferred Compensation Plan.
- Each unit in the stock unit fund is the economic equivalent of one share of common stock and will be paid out in shares upon distribution.
- Following this transaction, Patrick Williams beneficially owns 34,193 shares of AdvanSix Inc. common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even if part of a compensation plan, generally indicates confidence in the company's future and aligns insider interests with shareholders, which is a positive signal.
Positives
- An insider (Director Patrick Williams) increased their beneficial ownership in the company, which can signal confidence in the company's future.
- The acquisition is part of a deferred compensation plan, aligning management's long-term interests with shareholders.
Future Outlook
This Form 4 does not provide explicit forward-looking statements or guidance beyond the nature of the deferred compensation plan, which implies future payout in shares.
Management Comments
- Represents the allocation of deferred compensation to the reporting person's deferred stock unit fund account under the AdvanSix Inc. Deferred Compensation Plan.
- Each unit allocated under the stock unit fund represents the economic equivalent of one share of common stock.
- Units are paid out in shares of AdvanSix Inc. common stock upon distribution.
Industry Context
This is an insider transaction filing, which is company-specific and does not directly relate to broader industry trends or competitors, other than indicating ongoing executive compensation practices.
Comparison to Industry Standards
- Insider stock acquisitions, especially through deferred compensation plans, are a common practice across industries to align executive interests with shareholder value.
- The specific value of the shares acquired ($23.75 per share) would need to be compared to AdvanSix's historical stock performance and peer valuations to assess its significance, but this document does not provide that context.
Stakeholder Impact
- Shareholders: Increased alignment of a director's interests with shareholders due to increased beneficial ownership.
Next Steps
- Units in the deferred stock unit fund account will be paid out in shares of AdvanSix Inc. common stock upon distribution.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of earliest transaction for the acquisition of 552 shares of common stock by Director Patrick Williams. |
| 07/01/2025 | Signature date of the Form 4 filing. |
Recommendation
holdKeywords
AdvanSix Inc., ASIX, Form 4, Insider Transaction, Stock Acquisition, Deferred Compensation, Director, Patrick Williams, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.