Form 4: ChampionX Corp Executive Julia Wright Reports Share Transactions

Julia Wright, Senior VP, GC & Secretary of ChampionX Corp, reports acquisition and disposal of company stock related to a performance share award.

Summary

• On February 3, 2025, Julia Wright, Senior VP, GC & Secretary of ChampionX Corp, acquired 26,277 shares of common stock as part of a performance share award settlement.
• The award was based on the company's relative total shareholder return and free cash flow as a percentage of revenue for the three-year performance period ending December 31, 2024.
• On the same day, Ms. Wright disposed of 10,556 shares of common stock at a price of $28.53.
• On February 4, 2025, Ms. Wright acquired 29,010 shares of common stock.
• Following these transactions, Ms. Wright directly owns 156,709 shares of ChampionX Corp.
• The performance results and number of shares earned were approved by the Compensation Committee of the Board of Directors on February 3, 2025.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard SEC filing detailing stock transactions. The performance award suggests positive company performance, but the filing itself is simply a procedural disclosure.

Positives

• The performance share award indicates that the company met certain performance targets related to shareholder return and free cash flow.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

Keywords

ChampionX Corp, Julia Wright, Form 4, Share Transactions, Performance Share Award, Beneficial Ownership, CHX