Form 4: Artisan Partners Director Tench Coxe Acquires Shares

Sentiment:

SEC Form 4 Filing


Director Tench Coxe of Artisan Partners Asset Management Inc. acquired 2,837 shares of Class A Common Stock on January 29, 2025.

Summary

  • Tench Coxe, a director at Artisan Partners Asset Management Inc., acquired 2,837 shares of Class A Common Stock on January 29, 2025.
  • The shares were acquired at a price of $0.
  • Following the transaction, Mr. Coxe directly owns 324,227 shares.
  • Mr. Coxe also has indirect ownership of shares through a limited partnership (50,000 shares), a profit sharing plan (50,000 shares), his spouse (98,000 shares), and a trust (22,411 shares).

Sentiment

Score: 6

Explanation: The document is a routine insider trading disclosure. While the acquisition of shares by a director is generally seen as positive, it's not a major event that would significantly impact sentiment.

Positives

  • The acquisition of shares by a director could be seen as a positive sign of confidence in the company's future.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • Similar filings are made by directors and officers of other asset management firms such as BlackRock, T. Rowe Price, and Franklin Resources when they trade their company's stock.

Stakeholder Impact

  • The share acquisition by a director may have a minor positive impact on shareholder confidence.

Key Dates

DateDescription
01/29/2025Date of the share acquisition by Tench Coxe.
01/30/2025Date of the filing of the SEC Form 4.

Keywords

Artisan Partners, Tench Coxe, insider trading, share acquisition, Class A Common Stock, director, APAM

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