Form 4: Avantor Director Massaro Reports Stock Grant and Holdings
SEC Form 4 Filing
Director Joseph R. Massaro reports receiving a grant of restricted stock units and changes in his beneficial ownership of Avantor, Inc. (AVTR) common stock.
Summary
- On May 9, 2024, Joseph R. Massaro, a director of Avantor, Inc., reported a transaction involving the company's common stock.
- Massaro acquired 8,477 shares of common stock through a grant of restricted stock units, priced at $0.
- These restricted stock units vest on May 9, 2025.
- Following the transaction, Massaro directly owns 26,938 shares of Avantor common stock.
- The report was filed on May 13, 2024, and signed by Scott Baker as Attorney-in-Fact.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a stock grant. It doesn't inherently convey positive or negative sentiment.
Positives
- The grant of restricted stock units to a director aligns their interests with the long-term performance of the company.
Future Outlook
The document does not contain any specific forward-looking statements regarding Avantor's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Grant of restricted stock units. |
| 05/09/2025 | Vesting date of the restricted stock units. |
| 05/13/2024 | Date of Form 4 filing. |
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