Form 4: Balchem Corp Executive Bengtsson Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Carl Martin Bengtsson, EVP & Chief Financial Officer of Balchem Corp, sold shares to cover withholding taxes upon the vesting of restricted shares.
Summary
- On February 10, 2025, Carl Martin Bengtsson, EVP & Chief Financial Officer of Balchem Corp, disposed of 777 shares of common stock to cover withholding taxes.
- The shares were sold at a price of $159.39 per share.
- Following the transaction, Bengtsson directly owns 18,168 shares of Balchem Corp common stock.
- Bengtsson also indirectly owns 952 shares through a 401(k) plan.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing related to an executive's stock transactions for tax purposes. It doesn't convey strong positive or negative sentiment.
Industry Context
Executive share sales for tax purposes are a common occurrence and generally don't indicate a negative outlook for the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/10/2022 | Date of restricted shares grant. |
| 02/10/2025 | Date of transaction (share sale). |
| 02/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Balchem Corp, BCPC, Carl Martin Bengtsson, Executive Compensation, Share Sale, Insider Trading, EVP & Chief Financial Officer, Tax Withholding
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