Form 4: Arcosa Inc. Executive Eric D. Hurst Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Eric D. Hurst, VP Controller (PAO) of Arcosa, Inc., disposed of 83 shares of common stock on March 15, 2024, to cover tax obligations.
Summary
- On March 15, 2024, Eric D. Hurst, VP Controller (PAO) of Arcosa, Inc., disposed of 83 shares of common stock.
- The transaction was executed at a price of $81.6 per share.
- The disposal was to cover tax obligations.
- Following the transaction, Hurst directly owns 3,347 shares of Arcosa, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing represents a routine transaction to cover tax obligations. It doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a routine transaction to cover tax obligations, which is a common practice among corporate executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transaction |
| 03/18/2024 | Date of signature on the Form 4 filing |
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