Form 4: CommScope SVP Koen ter Linde Reports Acquisition of 79,200 Shares of Common Stock
SEC Form 4 Filing
Koen ter Linde, SVP & President, CCS of CommScope Holding Company, Inc., reported acquiring 79,200 shares of common stock on March 1, 2024.
Summary
- On March 1, 2024, Koen ter Linde, SVP & President, CCS of CommScope Holding Company, Inc., acquired 79,200 shares of common stock.
- These shares were acquired as restricted stock units that will vest ratably on June 1, 2025, June 1, 2026, and June 1, 2027, contingent upon continued employment with the issuer.
- Following the reported transaction, ter Linde beneficially owns 315,500 shares of CommScope Holding Company, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by an executive. It doesn't inherently indicate positive or negative performance for the company.
Future Outlook
The reporting person's future ownership is tied to continued employment and the vesting schedule of the restricted stock units.
Industry Context
This filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of 79,200 shares of common stock. |
| 06/01/2025 | First vesting date for restricted stock units. |
| 06/01/2026 | Second vesting date for restricted stock units. |
| 06/01/2027 | Final vesting date for restricted stock units. |
| 03/05/2024 | Date of signature for the report. |
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