Form 4: Arcosa Inc. CEO Antonio Carrillo Reports Acquisition of Phantom Stock Units

Arcosa Inc.'s CEO, Antonio Carrillo, reported the acquisition of phantom stock units under the company's Deferred Plan for Director Fees.

Summary

• Antonio Carrillo, the President & CEO 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 2 Arcosa Phantom Stock Units under the Arcosa, Inc. Deferred Plan for Director Fees.
• These phantom stock units are economically equivalent to shares of common stock and will be settled in cash upon the termination of Carrillo's services with Arcosa.
• The price of the phantom stock units was $83.41.
• Following the reported transaction, Carrillo directly owns 4,865 Arcosa Phantom Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of phantom stock units can be seen as a positive sign of alignment with shareholder interests, but it's a routine event.

Positives

• The acquisition of phantom stock units by the CEO aligns his interests with those of the shareholders.
• The deferred plan incentivizes long-term commitment from the CEO.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which is common in publicly traded companies. It provides transparency into the actions of company executives and their alignment with shareholder interests.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders by aligning the CEO's interests with theirs.

Key Dates