Form 4: Avantor EVP Benoit Gourdier Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Avantor's EVP, Bioscience Production, Benoit Gourdier, disposed of 1,263 shares of common stock on October 2, 2024, to cover tax withholding obligations related to vesting RSUs.
Summary
- On October 2, 2024, Benoit Gourdier, EVP of Bioscience Production at Avantor, Inc., disposed of 1,263 shares of Avantor's common stock.
- The transaction was executed to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs).
- The shares were disposed of at a price of $25.54 per share.
- Following the transaction, Gourdier directly owns 41,190 shares of Avantor common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction appears to be a standard tax-related stock disposal, common when RSUs vest.
Key Dates
| Date | Description |
|---|---|
| 10/02/2024 | Date of stock disposal transaction. |
| 10/04/2024 | Date of signature on the Form 4 filing. |
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