Form 4: Arcosa Inc. CEO Antonio Carrillo Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Arcosa Inc.'s CEO, Antonio Carrillo, disposed of 3,428 shares of common stock on March 15, 2024, to satisfy tax withholding obligations.
Summary
- On March 15, 2024, Antonio Carrillo, the President and CEO of Arcosa, Inc., disposed of 3,428 shares of Arcosa's common stock.
- The transaction was executed to cover tax obligations related to equity awards.
- Following the transaction, Carrillo directly owns 365,612 shares of Arcosa common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes and does not indicate a change in the executive's long-term commitment to the company.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Antonio Carrillo disposed of shares. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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