ACM.NYSEAecom

Form 4: AECOM Chief Legal Officer David Gan Reports Stock Transactions

Sentiment:

SEC Form 4


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David Gan, AECOM's Chief Legal Officer, reported the acquisition and disposal of AECOM common stock and restricted stock units between December 15 and December 18, 2024, according to a Form 4 filing.

Summary

  • David Gan, the Chief Legal Officer of AECOM, filed a Form 4 detailing changes in beneficial ownership of AECOM stock.
  • On December 15, 2024, Gan acquired 6,426 shares of common stock through the vesting of restricted stock units and 5,381 shares as an annual grant of restricted stock units.
  • Additionally, 13,466 shares were acquired through AECOM's Performance Earnings Program on the same day.
  • Also on December 15, 2024, 10,494 shares were withheld by the issuer to cover tax obligations.
  • Between December 16 and December 18, 2024, Gan sold a total of 20,898 shares of common stock at prices ranging from $110.19 to $111.67 per share.
  • Following these transactions, Gan directly owns 41,015 shares of AECOM common stock and indirectly owns 515.79 shares through the AECOM Retirement & Savings Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The annual grant of restricted stock units will vest on December 15, 2027, subject to continued service.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and trading activities.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
  • The filing provides transparency to stakeholders regarding executive compensation and stock ownership.

Key Dates

DateDescription
December 15, 2021Restricted stock units were granted.
August 20, 2024Rule 10b5-1 trading plan adopted.
December 15, 2024Restricted stock units vested; annual grant of restricted stock units; shares acquired through Performance Earnings Program; shares withheld for tax obligations.
December 16, 2024Sale of common stock.
December 17, 2024Sale of common stock.
December 18, 2024Sale of common stock.
December 15, 2027Restricted stock units vest in full.

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