Form 4: AdvanSix Director Patrick Williams Reports Acquisition of Common Stock
SEC Form 4
Director Patrick Williams reports the acquisition of 579 shares of AdvanSix Inc. common stock through deferred compensation.
Summary
- On March 31, 2025, Patrick Williams, a director of AdvanSix Inc., acquired 579 shares of common stock at a price of $22.65 per share.
- The acquisition was made through the allocation of deferred compensation to Williams' deferred stock unit fund account under the AdvanSix Inc. Deferred Compensation Plan.
- Following the transaction, Williams beneficially owns 28,545 shares of AdvanSix Inc. common stock.
- This total includes 73 shares representing stock units credited as dividend equivalents in connection with unvested restricted stock units and deferred stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports a transaction related to deferred compensation. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Positives
- The director's participation in the deferred compensation plan demonstrates confidence in the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's stock.
Comparison to Industry Standards
- Tracking insider transactions is a common practice in financial analysis.
- Comparing the volume and frequency of insider transactions at AdvanSix to those of its peers (e.g., chemical companies like Dow, DuPont) can provide insights into relative valuation and management confidence.
- However, without additional context, it's difficult to assess whether this transaction is significant compared to industry norms.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an insider's activity related to their compensation.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of 579 shares of AdvanSix Inc. common stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
AdvanSix, Director, Patrick Williams, Common Stock, Deferred Compensation, Beneficial Ownership, ASIX
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