Form 4: Balchem Corp Executive Reid Martin Luther Reports Stock Disposal for Tax Obligations

SVP Chief Supply Chain Officer of Balchem Corporation, Martin Luther Reid, reports disposing of 319 shares of common stock to cover withholding taxes upon vesting of restricted shares.

Summary

• On February 10, 2025, Martin Luther Reid, SVP Chief Supply Chain Officer of Balchem Corporation, disposed of 319 shares of common stock.
• The shares were withheld to cover withholding taxes due upon the vesting of restricted shares granted on February 10, 2022.
• The transaction was executed at a price of $159.39 per share.
• Following the transaction, Reid directly owns 5,761 shares of Balchem Corp common stock.
• Reid also indirectly owns 561 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a standard transaction related to tax obligations and doesn't indicate any positive or negative sentiment towards the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by corporate insiders. This filing indicates a routine transaction related to tax obligations upon vesting of restricted stock, which is a common practice.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Balchem Corp, BCPC, Martin Luther Reid, Insider Trading, SEC Filing