Form 4: Commercial Metals Co Director Acquires Additional Shares Through Dividend Equivalents
SEC Form 4 Filing
Director John R. McPherson acquired 28 shares of Commercial Metals Co (CMC) through dividend equivalents at a price of $52.59 per share.
Summary
- On July 10, 2024, John R. McPherson, a director of Commercial Metals Co (CMC), acquired 28 shares of common stock.
- The acquisition was due to dividend equivalents deemed deferred into additional restricted stock units.
- The price per share was $52.59.
- Following the transaction, McPherson directly owns 8,238 shares and indirectly owns 5,000 shares through a limited partnership.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to director compensation.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.
Key Dates
| Date | Description |
|---|---|
| 07/10/2024 | Date of transaction: John R. McPherson acquired shares of Commercial Metals Co. |
| 07/12/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.