Form 4: ChampionX Corp Executive Julia Wright Reports Stock Disposal
SEC Form 4 Filing
Julia Wright, Senior VP, GC & Secretary of ChampionX Corp, reports the disposal of 8,925 shares of common stock to cover tax obligations.
Summary
- On February 18, 2025, Julia Wright, Senior VP, GC & Secretary of ChampionX Corp, disposed of 8,925 shares of common stock.
- The transaction was executed at a price of $30.34 per share.
- Following the transaction, Wright directly owns 147,784 shares of ChampionX Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to insider trading. The disposal of shares is likely related to covering tax obligations associated with stock-based compensation, which is a common and expected practice among corporate executives.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a stock disposal by an executive, which is a common occurrence for tax planning or portfolio diversification.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of transaction: disposal of common stock |
| 02/20/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, ChampionX Corp, CHX, Insider Trading, Stock Disposal, Julia Wright, Beneficial Ownership
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