Form 4: Chart Industries Executive Acquires Shares and Receives Restricted Stock Units
SEC Filing Form 4
Joseph A. Belling, Chief Commercial Officer of Chart Industries, acquired shares and received restricted stock units on April 2, 2024.
Summary
- Joseph A. Belling, Chief Commercial Officer of Chart Industries, reported changes in beneficial ownership on April 3, 2024.
- On April 2, 2024, Belling acquired 319 shares of common stock at an unspecified price.
- Following the transaction, Belling directly owns 11,556 shares of Chart Industries common stock.
- Belling also received restricted share units for 319 shares on April 2, 2024, under the company's 2017 Omnibus Equity Plan.
- These restricted share units will vest in three equal installments on the first three anniversaries of the grant date, subject to tax withholding.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting routine transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The restricted share units will vest in three equal installments on the first three anniversaries of the grant date.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates activity by a key executive at Chart Industries.
Key Dates
| Date | Description |
|---|---|
| 04/02/2024 | Date of transaction: Acquisition of shares and grant of restricted share units. |
| 04/03/2024 | Date of filing: Report of changes in beneficial ownership. |
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