Form 4: Avantor Executive Randy Lee Stone Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP Randy Lee Stone of Avantor, Inc. reports disposing of 6,762 shares of common stock on April 16, 2024, to cover tax withholding obligations related to vesting RSUs.
Summary
- On April 16, 2024, Randy Lee Stone, EVP of Laboratory Solutions at Avantor, Inc., disposed of 6,762 shares of 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 $24.6.
- Following the transaction, Stone directly owns 68,105 shares of Avantor, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of stock disposal to cover tax withholding obligations. |
| 04/18/2024 | Date of signature for the Form 4 filing. |
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