Form 4: CompX International Inc. Director Gina A. Norris Reports Acquisition of 800 Shares
SEC Form 4 Filing
Director Gina A. Norris reports the acquisition of 800 shares of CompX International Inc. Class A Common Stock through the company's 2012 Director Stock Plan.
Summary
- On May 22, 2024, Gina A. Norris, a director of CompX International Inc., acquired 800 shares of Class A Common Stock.
- The shares were issued under the company's 2012 Director Stock Plan and were acquired for no cash consideration.
- Following the transaction, Ms. Norris directly owns 800 shares of CompX International Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Director stock ownership is a common practice to align the interests of board members with those of shareholders. This transaction reflects standard compensation practices for board members.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Gina A. Norris acquired 800 shares of CompX International Inc. Class A Common Stock. |
| 05/23/2024 | Date of report: Jane R. Grimm, Attorney-in-fact for Gina A. Norris, signed the report. |
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