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
- John W. Lindsay, a director of Arcosa, Inc., filed a Form 4 on July 1, 2024, reporting a transaction that occurred on June 28, 2024.
- The transaction involved the acquisition of 5 Arcosa Phantom Stock Units under the Arcosa, Inc. Deferred Plan for Director Fees.
- Following the transaction, Lindsay directly owns 7,372 shares of Arcosa common stock.
- Each phantom stock unit is the economic equivalent of one share of common stock and will be settled in cash upon termination of services with Arcosa.
- The price of the phantom stock units was $83.41.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Acquisition of Arcosa Phantom Stock Units |
| 07/01/2024 | Date of Form 4 filing |
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