Form 4: Chemours Director Alister Cowan Acquires 10,200 Shares in Open Market Transaction
SEC Form 4 Filing
Chemours director Alister Cowan purchased 10,200 shares of company stock at a weighted average price of $19.2619 per share.
Summary
- Alister Cowan, a director at Chemours Co, acquired 10,200 shares of common stock on November 15, 2024.
- The shares were purchased at a weighted average price of $19.2619 per share.
- The transactions occurred in multiple trades with prices ranging from $19.16 to $19.30 per share.
- Following the transaction, Cowan's total holdings increased to 21,582.761 shares, which includes directly owned shares, stock units, and dividend equivalent units.
Sentiment
Score: 6
Explanation: The document is a routine filing and does not indicate any significant positive or negative sentiment. The purchase by a director is a mild positive.
Positives
- The purchase of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any specific trend in the chemical industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for all publicly traded companies in the US.
- The transaction is not unusual in terms of size or price for a director's purchase of company stock.
- Similar filings are made by directors and officers of companies like Dow, DuPont, and BASF when they trade their company's stock.
Stakeholder Impact
- The purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of the stock purchase transaction. |
| 11/19/2024 | Date the Form 4 was signed. |
Keywords
Chemours, Director, Insider Trading, Stock Purchase, Form 4, Alister Cowan, Share Acquisition
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