Form 4: Brunswick Corp Director David V. Singer Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director David V. Singer reports acquiring and disposing of Brunswick Corp stock, with holdings including deferred shares and shares in an irrevocable trust.
Summary
- On July 31, 2024, David V. Singer, a director of Brunswick Corp, reported acquiring 958 shares of common stock at $81.45 per share.
- Singer also reported disposing of an unspecified amount of common stock.
- Following these transactions, Singer directly owns 26,915 shares of Brunswick Corp common stock.
- Singer also indirectly owns 19,789 shares through the Barbara B Singer 2014 Irrevocable Trust.
- 406 of the directly held shares are deferred shares that will be distributed in installments after Singer ceases to be a director.
- Beneficial holdings include 124 shares acquired through dividend reinvestment in June 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
- Comparable companies like Malibu Boats or MasterCraft Boat Holdings would also have similar filings when their directors or officers trade company stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It can influence investor sentiment, although individual Form 4 filings often have a limited impact unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of stock acquisition and disposal. |
| June 2024 | Date of dividend reinvestment. |
| 08/01/2024 | Date of signature on the report. |
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