Form 4: Arcosa Director John W. Lindsay Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Director John W. Lindsay reports acquiring Arcosa Phantom Stock Units under the Deferred Plan for Director Fees.
Summary
- On September 30, 2024, John W. Lindsay, a director of Arcosa, Inc., acquired Arcosa Phantom Stock Units.
- The acquisition was made under the Arcosa, Inc. Deferred Plan for Director Fees.
- The reporting person now holds 7,376 Arcosa Phantom Stock Units.
- Each phantom stock unit is economically equivalent to one share of common stock and will be settled in cash upon termination of services with Arcosa.
- The price of the derivative security is $94.76.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Future Outlook
The phantom stock units will be settled in cash upon the reporting person's termination of services with Arcosa.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and holdings.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Acquisition of Arcosa Phantom Stock Units |
| 10/01/2024 | Date of signature for the report |
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