Form 4: AdvanSix Director Todd D. Karran Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Todd D. Karran reports acquisition of 1,660 shares of AdvanSix Inc. common stock through deferred compensation allocation.
Summary
- On March 28, 2024, Todd D. Karran, a director of AdvanSix Inc., acquired 1,660 shares of common stock.
- The acquisition was due to the allocation of deferred compensation under the AdvanSix Inc. Deferred Compensation Plan.
- The price per share was $28.6.
- Following the transaction, Karran directly owns 69,556 shares of AdvanSix Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of an insider transaction related to deferred compensation.
Positives
- The director's increased stake in the company could be seen as a positive signal.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Acquisition of 1,660 shares of common stock. |
| 04/01/2024 | Date of signature on the report. |
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