Form 4: Aptargroup EVP & CFO Robert Kuhn Exercises and Sells Stock Options
SEC Form 4 Filing
Robert Kuhn, EVP & CFO of Aptargroup, exercised stock options and sold shares on August 23, 2024.
Summary
- On August 23, 2024, Robert Kuhn, the EVP & CFO of Aptargroup, exercised stock options for 49,463 shares at a price of $64.60 per share.
- He then sold 49,363 shares at a weighted average price of $149.9715, with prices ranging from $149.5200 to $150.4900.
- Additionally, he sold 100 shares at $150.52.
- Following these transactions, Kuhn directly owns 65,552 shares of Aptargroup common stock and indirectly owns 16,453 shares through a 401(k) trust, and 1,000 stock options.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 01/14/2016 | Date stock options became exercisable |
| 08/23/2024 | Date of stock option exercise and share sales |
| 08/26/2024 | Date of Form 4 filing |
| 01/14/2025 | Expiration date of stock options |
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