Form 4: CommScope SVP & CAO Jennifer L. Crawford Reports Acquisition of 2,231 Common Stock Shares
SEC Form 4 Filing
Jennifer L. Crawford, SVP & CAO of CommScope Holding Company, Inc., reports the acquisition of 2,231 shares of common stock on February 24, 2025, as a result of performance share units vesting.
Summary
- On February 24, 2025, Jennifer L. Crawford, SVP & CAO of CommScope Holding Company, Inc., acquired 2,231 shares of common stock.
- This acquisition resulted from the vesting of performance share units, which were granted on March 1, 2022, and partially met performance criteria.
- The reporting person now beneficially owns a total of 130,314 shares of CommScope Holding Company, Inc. common stock.
- These shares include restricted stock units granted on various dates (March 1, 2022, June 1, 2022, June 1, 2023, and June 1, 2024) that will vest on future dates, subject to continued employment.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing related to stock ownership. The sentiment is neutral as it simply reports transactions.
Positives
- The vesting of performance share units indicates that the company has met some of its performance criteria.
Future Outlook
The vesting of restricted stock units is contingent upon the reporting person's continued employment with the issuer.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity, which is generally monitored for insights into company performance and management confidence.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Reporting person was granted 3,200 performance share units. |
| 03/01/2022 | 2,434 restricted stock units were granted and will vest on 06/01/2025. |
| 06/01/2022 | 2,084 restricted stock units were granted and will vest on 06/01/2025. |
| 06/01/2023 | 15,278 restricted stock units were granted and will vest ratably on 06/01/2025 and 06/01/2026. |
| 06/01/2024 | 60,000 restricted stock units were granted and will vest ratably on 06/01/2025, 06/01/2026 and 06/01/2027. |
| 02/24/2025 | Date of transaction: acquisition of 2,231 shares of common stock. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
| 06/01/2025 | Performance share units will vest, subject to continued employment. |
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