Form 4: Aptargroup EVP Kimberly Chainey Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


Kimberly Chainey, EVP and Chief Legal Officer of Aptargroup, Inc., reported the disposal of 168 shares of common stock on February 26, 2024, to cover tax obligations.

Summary

  • On February 26, 2024, Kimberly Chainey, the EVP and Chief Legal Officer of Aptargroup, Inc., disposed of 168 shares of common stock.
  • The transaction was executed at a price of $141.92 per share.
  • Following the transaction, Chainey directly owns 7,031 shares of Aptargroup common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to an insider stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares compared to the total outstanding shares of Aptargroup.

Key Dates

DateDescription
02/26/2024Date of stock disposal transaction
02/27/2024Date of signature on the report

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