Form 4: Commercial Metals Co Director Tandra C. Perkins Reports Stock Transaction
SEC Form 4 Filing
Director Tandra C. Perkins of Commercial Metals Co. reported acquiring 2,906 shares of common stock and disposing of 3,842 shares on January 15, 2025.
Summary
- Tandra C. Perkins, a director at Commercial Metals Co., reported a transaction involving the company's stock.
- On January 15, 2025, Perkins acquired 2,906 shares of common stock at a price of $51.61 per share.
- Simultaneously, Perkins disposed of 3,842 shares of common stock.
- The acquisition of 2,906 shares was through the grant of restricted stock units that vest on a 1:1 basis solely in common stock and shall be distributed following termination of service as a Director of the Company.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing of a stock transaction by a director, which is neither positive nor negative in itself.
Industry Context
This is a routine disclosure of a stock transaction by a company director, which is common practice and required by the SEC.
Comparison to Industry Standards
- This type of transaction is standard for directors of publicly traded companies.
- Similar filings are made by directors and officers of companies like Nucor, Steel Dynamics, and other firms in the metals and manufacturing sector.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of the stock transaction where 2,906 shares were acquired and 3,842 shares were disposed of. |
| 01/16/2025 | Date the SEC Form 4 was signed. |
Keywords
Commercial Metals Co, stock transaction, director, Tandra C. Perkins, restricted stock units, common stock, SEC Form 4
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