Form 4: Arcosa Inc. Executive Reid S. Essl Reports Stock Disposal
SEC Form 4 Filing
Reid S. Essl, Group President of Arcosa, Inc., disposed of 615 shares of common stock on March 15, 2024, to cover tax obligations.
Summary
- On March 15, 2024, Reid S. Essl, a Group President at Arcosa, Inc., disposed of 615 shares of Arcosa's common stock.
- The transaction was executed at a price of $81.6 per share.
- Following the transaction, Essl directly owns 79,865 shares of Arcosa's common stock.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock disposal by an executive, likely for tax purposes. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transaction |
| 03/18/2024 | Date of Form 4 signature |
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