Form 4: Barnes Group Director Disposes of Shares Following Merger Agreement

A Barnes Group director, Anthony V. Nicolosi, disposed of shares and restricted stock units following the completion of a merger agreement, receiving $47.50 per share.

Summary

• Anthony V. Nicolosi, a director at Barnes Group Inc., disposed of 15,116 shares of common stock on January 27, 2025.
• The shares were disposed of as part of a merger agreement where each share was converted into the right to receive $47.50 in cash.
• Additionally, 3,968 restricted stock units held by Mr. Nicolosi were also cashed out at the same rate of $47.50 per unit.
• The transactions were a result of the merger agreement between Barnes Group, Goat Holdco, LLC, and Goat Merger Sub, Inc.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction following a merger, with no indication of positive or negative sentiment. It is a neutral event from an investment perspective.

Industry Context

This transaction is a result of a merger agreement, which is a common occurrence in corporate finance. The disposal of shares by a director is a standard procedure following such an event.

Comparison to Industry Standards

• Merger transactions often involve the conversion of existing shares into cash or shares of the acquiring company.
• The cash-out of restricted stock units at the merger price is a typical practice in such deals.
• The price of $47.50 per share is the agreed upon merger price and is not a reflection of the market price of the shares prior to the merger.

Stakeholder Impact

• Shareholders received $47.50 per share as part of the merger agreement.
• Employees holding restricted stock units received cash payments based on the merger consideration.

Key Dates

Keywords

Merger, Barnes Group, Share Disposal, Director Transaction, Restricted Stock Units, Cash Out