Form 4: Affiliated Managers Group Director Exercises Stock Options and Disposes of Shares
SEC Form 4
Dwight D. Churchill, a director of Affiliated Managers Group, exercised stock options and disposed of shares on March 28, 2024.
Summary
- On March 28, 2024, Dwight D. Churchill, a director of Affiliated Managers Group, exercised stock options to acquire common stock at prices ranging from $69.63 to $110.02.
- He acquired 1,787 shares at $110.02, 2,661 shares at $86.78, 2,958 shares at $82.07, and 1,679 shares at $69.63.
- Following these transactions, Churchill directly owns 24,403 shares of Affiliated Managers Group common stock.
- A disposition of 4,702 shares occurred at $167.47.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock option exercises and share disposals. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 01/01/2023 | Date exercisable for some director stock options |
| 08/15/2023 | Date exercisable for some director stock options |
| 01/01/2024 | Date exercisable for some director stock options |
| 03/28/2024 | Date of transaction (exercise of stock options and disposition of shares) |
| 03/28/2024 | Date of signature |
| 02/05/2026 | Expiration date for some director stock options |
| 07/30/2026 | Expiration date for some director stock options |
| 02/04/2027 | Expiration date for some director stock options |
| 07/28/2027 | Expiration date for some director stock options |
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