Form 4: Barnes Group Director Disposes of Shares in Merger Transaction

A Barnes Group director, Jakki L. Haussler, disposed of shares and restricted stock units as part of the merger with Goat Holdco, LLC.

Summary

• Jakki L. Haussler, a director at Barnes Group Inc., disposed of 7,917 shares of common stock on January 27, 2025, as part of the merger agreement with Goat Holdco, LLC.
• The shares were disposed of at a price of $47.50 per share.
• Additionally, 3,968 restricted stock units held by Haussler were cashed out at the same price of $47.50 per unit.
• The transactions were a result of the merger agreement where each share of Barnes common stock was converted into the right to receive $47.50 in cash.

Sentiment

Score: 7

Explanation: The document reflects a standard transaction following a merger, which is neither positive nor negative in itself. The sentiment is neutral to slightly positive as the merger has been completed.

Industry Context

This filing reflects a standard procedure following a merger agreement, where shares and equity-based compensation are converted to cash at the agreed-upon price. This is a common occurrence in corporate mergers and acquisitions.

Comparison to Industry Standards

• The conversion of shares and restricted stock units to cash at a set price is a typical process in mergers and acquisitions, aligning with industry standards.
• Similar transactions can be observed in other merger events, such as the acquisition of X by Y, where shareholders received a fixed cash amount per share.

Stakeholder Impact

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

Key Dates

Keywords

Merger, Barnes Group, Director, Share Disposal, Restricted Stock Units, Goat Holdco, Transaction