Form 4: Aptargroup Executive Kimberly Chainey Sells Shares

Kimberly Chainey, EVP and Chief Legal Officer of Aptargroup, Inc., sold 964 shares of common stock at an average price of $168.8303 on November 15, 2024.

Summary

• Kimberly Chainey, an Executive Vice President and Chief Legal Officer at Aptargroup, Inc., sold 964 shares of the company's common stock on November 15, 2024.
• The sale was executed at a weighted average price of $168.8303 per share.
• The shares were sold in multiple transactions with prices ranging from $168.7700 to $168.9600.
• Following the transaction, Ms. Chainey directly owns 7,848 shares of Aptargroup common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who trade company stock. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US.
• Executives at comparable companies such as Berry Global Group and Crown Holdings also regularly file Form 4s when they trade their company's stock.
• The sale by Kimberly Chainey is within the normal range of insider transactions.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.

Key Dates

Keywords

Aptargroup, Kimberly Chainey, stock sale, insider trading, executive, ATR