Form 4: ChampionX Corp Executive Zweig Jordan Reports Stock Transactions
SEC Form 4 Filing
SVP & Chief HR Officer Jordan Zweig reports acquisition and disposal of ChampionX Corp stock related to performance share awards.
Summary
- Jordan Zweig, SVP & Chief HR Officer of ChampionX Corp, reported transactions involving the company's common stock.
- On February 3, 2025, Zweig acquired 14,889 shares of common stock at $0 related to the settlement of a performance share award.
- Also on February 3, 2025, Zweig disposed of 6,098 shares at $28.53 per share.
- On February 4, 2025, Zweig acquired 17,064 shares of common stock at $0.
- Following these transactions, Zweig directly owns 90,494 shares of ChampionX Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it primarily reports stock transactions related to compensation. The acquisition of shares due to performance targets being met is a slightly positive indicator.
Positives
- The acquisition of shares indicates that performance targets were met, reflecting positively on the company's performance.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| December 31, 2024 | End of the three-year performance period for the performance share award. |
| February 3, 2025 | Date of stock acquisition and disposal, and Compensation Committee approval of performance results. |
| February 4, 2025 | Date of stock acquisition. |
| February 5, 2025 | Date of signature for the Form 4 filing. |
Keywords
ChampionX Corp, Zweig Jordan, stock transactions, Form 4, performance share award, beneficial ownership, CHX
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