Form 4: Core Laboratories CAO & Treasurer Sow Hang Teo Reports Transactions

Sow Hang Teo, CAO & Treasurer of Core Laboratories, reports the acquisition and disposal of common stock and restricted shares on October 1, 2024.

Summary

• On October 1, 2024, Sow Hang Teo, CAO & Treasurer of Core Laboratories, reported transactions involving Core Laboratories Inc. (CLB) common stock and restricted shares.
• Teo disposed of 99 shares of common stock at a price of $19.21.
• Teo also acquired 250 shares of common stock at $0 related to the vesting of restricted shares.
• Following these transactions, Teo directly owns 7,162.334 shares of common stock.
• Teo also owns 8,995 derivative securities in the form of restricted shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents routine transactions related to executive compensation. There is no indication of unusual or concerning activity.

Positives

• The vesting of restricted shares indicates a continued alignment of the officer's interests with those of the company and its shareholders.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. These filings are closely watched by investors seeking insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine insider activity related to compensation.

Key Dates