Form 4: Core Laboratories Inc. Executive Exercises Stock Options and Disposes of Shares for Tax Obligations

Mark Damian Tattoli, SVP, Gen Counsel & Secretary of Core Laboratories Inc., executed stock options and disposed of shares to cover tax obligations on October 1, 2024.

Summary

• On October 1, 2024, Mark Damian Tattoli, a senior executive at Core Laboratories Inc., engaged in transactions involving the company's stock.
• Tattoli exercised options to acquire 700 shares of common stock at a price of $0.
• Simultaneously, Tattoli disposed of 276 shares of common stock at a price of $19.21 to satisfy tax obligations.
• Following these transactions, Tattoli directly owns 11,571.621 shares of common stock.
• Tattoli also indirectly owns 20 shares in a custodial account and 1,694.842 shares through a 401(k) plan.
• He also holds 2,850 restricted shares, which vest annually over six years.

Sentiment

Score: 5

Explanation: The document reflects routine insider transactions, which are neither particularly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. This filing indicates routine transactions by a company executive.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.

Key Dates