Form 4: ChampionX Corp Executive Syed Raza Reports Stock Disposal
SEC Form 4
Syed Raza, SVP & Chief Digital Officer of ChampionX Corp, disposed of 4,248 shares of common stock on February 18, 2025, to cover tax obligations.
Summary
- On February 18, 2025, Syed Raza, the SVP & Chief Digital Officer of ChampionX Corp, disposed of 4,248 shares of common stock.
- The transaction was executed at a price of $30.34 per share.
- Following the transaction, Raza directly owns 88,915 shares of ChampionX Corp.
- The transaction was reported on February 20, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't indicate any positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a relatively small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock disposal transaction |
| 02/20/2025 | Date of Form 4 filing |
Keywords
ChampionX Corp, Syed Raza, stock disposal, Form 4, insider trading, CHX, SVP, Chief Digital Officer
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