Form 4: Amcor plc Director Lucrece Foufopoulos De Ridder Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Lucrece Foufopoulos De Ridder reports acquisition of 230 Restricted Stock Units in Amcor plc on July 1, 2024.
Summary
- Lucrece Foufopoulos De Ridder, a director of Amcor plc, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on July 1, 2024.
- Ms. Foufopoulos De Ridder acquired 230 Restricted Stock Units (RSUs).
- Each RSU represents a contingent right to receive one ordinary share of Amcor upon vesting.
- Following the transaction, Ms. Foufopoulos De Ridder directly owns 230 derivative securities.
- The RSUs are exercisable from December 1, 2024, and expire on December 1, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction. 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 holdings of company directors.
Stakeholder Impact
- The acquisition of RSUs by a director could be perceived positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of Restricted Stock Units |
| 12/01/2024 | Date exercisable and expiration date of Restricted Stock Units |
| 08/08/2024 | Date of Form 4 filing |
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