Form 4: Alexander & Baldwin Exec VP Meredith Ching Reports Stock Sale
SEC Form 4 Filing
Meredith J. Ching, Executive VP of External Affairs at Alexander & Baldwin, Inc., reports the sale of 700 shares of common stock on February 10, 2025, under a Rule 10b5-1 trading plan.
Summary
- Meredith J. Ching, an Executive VP at Alexander & Baldwin, Inc., sold 700 shares of common stock on February 10, 2025.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan.
- The shares were sold at a weighted average price of $17.9059.
- The total shares beneficially owned following the transaction are 152,449 directly, 213 indirectly by spouse, and 781.571 indirectly by TCESOP.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a stock sale by a company executive, which is common in publicly traded companies. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on insider information.
Stakeholder Impact
- The stock sale by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the relatively small number of shares sold and the use of a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock sale transaction |
| 02/11/2025 | Date of Form 4 filing |
Keywords
Form 4, Alexander & Baldwin, ALEX, Meredith J. Ching, Stock Sale, Rule 10b5-1, Executive VP, External Affairs
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