Form 4: Core Molding Technologies Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Renee R. Anderson, EVP of Human Resources at Core Molding Technologies, disposed of 3,404 shares of common stock to satisfy tax withholding obligations upon vesting of restricted stock on May 10, 2024.
Summary
- On May 10, 2024, Renee R. Anderson, EVP of Human Resources at Core Molding Technologies, disposed of 3,404 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock.
- The shares were sold at a price of $19.765 per share.
- Following the transaction, Anderson directly owns 79,871 shares of Core Molding Technologies stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations, not indicative of the company's overall performance or future prospects.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Renee R. Anderson disposed of 3,404 shares of common stock. |
| 05/14/2024 | Date of signature: John P. Zimmer, as attorney-in-fact, signed the Form 4 on this date. |
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