Form 4: Aptargroup EVP & CFO Robert Kuhn Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Robert Kuhn, EVP & CFO of Aptargroup, Inc., reports exercising stock options and selling shares on August 22, 2024.
Summary
- Robert Kuhn, the EVP & CFO of Aptargroup, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On August 22, 2024, Kuhn exercised stock options for 200 shares at a price of $64.60.
- Simultaneously, Kuhn sold 200 shares of common stock at $150.18 per share.
- Following these transactions, Kuhn directly owns 65,552 shares of common stock and indirectly owns 16,453 shares through a 401(k) trust.
- Kuhn also directly owns 50,463 derivative securities (stock options).
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity, neither particularly positive nor negative.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. It provides transparency to the market.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/14/2016 | Date stock options became exercisable |
| 01/14/2025 | Expiration date of stock options |
| 08/22/2024 | Date of stock option exercise and stock sale |
| 08/23/2024 | Date of Form 4 signature |
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