Form 4: Aptargroup Segment President Marc Prieur Executes Stock Option and Sells Shares
SEC Form 4 Filing
Aptargroup's Segment President, Marc Prieur, exercised stock options and sold shares on August 29, 2024.
Summary
- On August 29, 2024, Marc Prieur, Segment President of Aptargroup, Inc., exercised stock options to acquire 3,500 shares of common stock at a price of $71.12 per share.
- Simultaneously, Prieur sold 3,500 shares of common stock at a weighted average price of $152.3099, with individual transactions ranging from $152.1000 to $152.5878.
- Following these transactions, Prieur directly owns 16,616 shares of Aptargroup common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/05/2017 | Date stock option exercisable |
| 02/05/2026 | Stock option expiration date |
| 08/29/2024 | Date of stock option exercise and share sale |
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