Form 4: ALLETE INC: Executive Nicole Renee Johnson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Nicole Renee Johnson, VP and President of ACE at ALLETE INC, reports acquisition and disposal of common stock on February 5, 2025, affecting her direct and indirect holdings.
Summary
- On February 5, 2025, Nicole Renee Johnson, VP and President of ACE at ALLETE INC, reported changes in her beneficial ownership of ALLETE INC common stock.
- Johnson acquired 1,116.97 shares of common stock.
- She also disposed of 875.1 shares of common stock at a price of $65.64.
- Following these transactions, Johnson directly owns 11,504.3 shares of common stock.
- She also indirectly owns 5,284.79 shares through a Retirement Savings and Stock Ownership Plan (RSOP) Trust and 65.41 shares as custodian for a child.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of company executives.
- It helps stakeholders understand the alignment of management's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of ALLETE's retirement savings and stock ownership plan information used for reporting. |
| 02/05/2025 | Date of the stock transactions (acquisition and disposal). |
| 02/07/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.