Form 4: AZEK Co Inc. CHRO Sandra Lamartine Reports Stock Transaction

AZEK Co Inc.'s Chief Human Resources Officer, Sandra Lamartine, reported a disposition of 238 shares of Class A Common Stock to cover tax obligations.

Summary

• Sandra Lamartine, the Chief Human Resources Officer of AZEK Co Inc., filed a Form 4 with the SEC.
• The filing reports a transaction on November 19, 2024, where 238 shares of Class A Common Stock were disposed of.
• The shares were disposed of at a price of $46.46 per share.
• This transaction was to cover tax obligations related to vesting of restricted stock units.
• Following the transaction, Ms. Lamartine directly owns 17,645 shares of AZEK Co Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction by an executive, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who transact in their company's stock. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transaction is typical for executives who receive stock-based compensation and need to cover tax liabilities upon vesting.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.

Key Dates

Keywords

AZEK Co Inc., Sandra Lamartine, Form 4, SEC Filing, Stock Transaction, Class A Common Stock, CHRO, Insider Trading, Beneficial Ownership