Form 4: Alexander & Baldwin EVP, Chief Investment Officer Jeffrey W. Pauker Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Jeffrey W. Pauker, EVP and Chief Investment Officer of Alexander & Baldwin, Inc., reported disposing of 874 shares of common stock on July 31, 2024, to cover tax withholding obligations.
Summary
- On July 31, 2024, Jeffrey W. Pauker, the EVP and Chief Investment Officer of Alexander & Baldwin, Inc., disposed of 874 shares of common stock.
- The transaction was executed to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
- The shares were disposed of at a price of $19.71 per share.
- Following the transaction, Pauker directly owns 43,929 shares of Alexander & Baldwin, Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common reason for stock disposals.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of stock disposal transaction and filing date of the Form 4. |
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