Form 4: Catalent Director Sells Shares to Cover Tax Obligations

A Catalent director, Michelle R. Ryan, sold 2,800 shares of common stock to cover tax obligations related to a previous grant of restricted stock units.

Summary

• Michelle R. Ryan, a director at Catalent, Inc., sold 2,800 shares of common stock on November 11, 2024.
• The sale was executed at a price of $59.7 per share.
• This transaction was to cover tax obligations arising from a prior grant of restricted stock units.
• Following the transaction, Ms. Ryan beneficially owns 10,835 shares, which includes restricted stock units.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction by a company director to cover tax obligations. It is neither positive nor negative for the company's outlook.

Industry Context

This is a routine transaction for a company director to sell shares to cover tax obligations related to stock grants. It is a common practice and does not necessarily indicate a negative outlook on the company.

Comparison to Industry Standards

• Sales of shares by directors to cover tax obligations are a common practice across publicly traded companies.
• The number of shares sold and the price are within the typical range for such transactions.
• Similar transactions can be seen in filings from directors of comparable companies in the pharmaceutical and biotechnology sectors.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Catalent, Director, Stock Sale, Form 4, Michelle R. Ryan, Restricted Stock Units, Tax Obligations, Insider Trading