Form 4: Avantor SVP Steven Eck Reports Tax Withholding Share Disposal
SEC Form 4 Filing
Steven Eck, SVP & Chief Accounting Officer of Avantor, Inc., reports the disposal of 1,337 common stock shares to cover tax withholding obligations.
Summary
- On July 31, 2024, Steven Eck, SVP & Chief Accounting Officer of Avantor, Inc., disposed of 1,337 shares of common stock.
- The disposal was conducted to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The transaction price was $26.75 per share.
- Following the transaction, Eck directly owns 33,069 shares of Avantor, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Disposal of 1,337 shares of common stock to cover tax withholding obligations. |
| 08/01/2024 | Date of signature by Attorney-in-Fact. |
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