Form 4: Brunswick Corp Director Sells Shares on October 25, 2024
SEC Form 4
Joseph W. McClanathan, a director of Brunswick Corp, sold 4,745 shares of common stock at a price of $80.14 per share on October 25, 2024.
Summary
- On October 25, 2024, Joseph W. McClanathan, a director of Brunswick Corporation, sold 4,745 shares of the company's common stock.
- The sale price was $80.14 per share.
- Following the transaction, McClanathan directly owns 19,218 shares of Brunswick Corp.
- His holdings include 96 shares acquired through dividend reinvestments in September 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. The sentiment is neither positive nor negative as it simply reports a director's share sale.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| September 2024 | 96 shares acquired pursuant to dividend reinvestments |
| 10/25/2024 | Date of transaction: Sale of 4,745 shares of common stock |
| 10/28/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.