Form 4: Aptargroup Executive Xiangwei Gong Sells Shares
SEC Form 4 Filing
Aptargroup's President of Asia, Xiangwei Gong, sold 800 shares of common stock at an average price of $146.5644 on August 7, 2024.
Summary
- On August 7, 2024, Xiangwei Gong, President of Asia at Aptargroup, Inc., sold 800 shares of the company's common stock.
- The sale was executed at a weighted average price of $146.5644 per share.
- Following the transaction, Gong directly owns 20,174 shares of Aptargroup common stock.
- Gong also indirectly owns 482 shares through a 401(k) trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. No indication of positive or negative implications for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor psychological impact on shareholders, but the amount is relatively small.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of the transaction: sale of 800 shares of common stock. |
| 08/08/2024 | Date of signature by attorney-in-fact. |
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