Form 4: Aptargroup EVP Kimberly Chainey Reports Stock Disposal
SEC Form 4 Filing
Kimberly Chainey, EVP and Chief Legal Officer of Aptargroup, Inc., reported the disposal of 371 shares of common stock on March 14, 2024, to cover tax obligations.
Summary
- On March 14, 2024, Kimberly Chainey, the EVP and Chief Legal Officer of Aptargroup, Inc., disposed of 371 shares of common stock.
- The transaction was executed at a price of $140.93 per share.
- Following the transaction, Chainey directly owns 6,660 shares of Aptargroup common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider transaction. The sentiment is neutral as it doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows the market to see if key people are buying or selling stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock disposal transaction |
| 03/15/2024 | Date of signature on the Form 4 filing |
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