Form 4: Aptargroup CEO Stephan B. Tanda Reports Stock Transactions
SEC Filing
A Form 4 filing reveals Aptargroup's CEO, Stephan B. Tanda, engaged in stock transactions, including the disposal of shares to cover tax obligations.
Summary
- On February 26, 2024, Stephan B. Tanda, the President and CEO of Aptargroup, Inc., reported transactions involving the company's common stock.
- Tanda disposed of 3,733 shares of common stock at a price of $141.92 per share.
- These shares were disposed of to cover tax obligations.
- Following the transaction, Tanda directly owns 159,024 shares of Aptargroup common stock.
- Tanda also indirectly owns 2,583 shares through a 401(k) trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transaction |
| 02/27/2024 | Date of signature on the Form 4 filing |
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