Form 4: Avantor CEO Michael Stubblefield Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Avantor's CEO, Michael Stubblefield, disposed of shares to cover tax withholding obligations related to RSU vesting.
Summary
- On February 24, 2025, Michael Stubblefield, the President & CEO and a Director of Avantor, Inc., disposed of 6,800 shares of common stock at a price of $17.47 to cover tax obligations.
- Following this transaction, Stubblefield directly owns 1,452,991 shares.
- On February 25, 2025, Stubblefield disposed of 4,969 shares of common stock at a price of $17.56 to cover tax obligations.
- Following this transaction, Stubblefield directly owns 1,448,022 shares.
- Stubblefield also indirectly owns 58,908 shares through a Grantor Retained Annuity Trust and 469,500 shares held by a trust for the benefit of his family.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals to cover tax obligations, a routine occurrence.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as executives and directors. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on stakeholders as they are related to tax obligations and represent a small percentage of the CEO's total holdings.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Disposal of 6,800 shares of Avantor common stock at $17.47 per share for tax obligations. |
| 02/25/2025 | Disposal of 4,969 shares of Avantor common stock at $17.56 per share for tax obligations. |
| 02/26/2025 | Date of signature for the Form 4 filing by Scott Baker, as Attorney-in-Fact. |
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