Form 4: Albemarle Corp VP, Controller & CAO John Clarence Barichivich III Reports Stock Sale
SEC Form 4 Filing
John Clarence Barichivich III, VP, Controller & CAO of Albemarle Corp, reported selling 1,475 shares of common stock at an average price of $132.17 on May 13, 2024.
Summary
- On May 13, 2024, John Clarence Barichivich III, VP, Controller & CAO of Albemarle Corp, sold 1,475 shares of common stock.
- The shares were sold at a weighted average price of $132.17, with individual transactions ranging from $132.14 to $132.24.
- Following the transaction, Barichivich directly owns 4,743 shares of Albemarle Corp common stock.
- Barichivich also indirectly owns 1,232.3 shares through the Albemarle Savings Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction.
Industry Context
This is a routine disclosure of an insider stock transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of stock sale transaction |
| 05/14/2024 | Date of signature for the Form 4 filing |
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