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, sold 2,368 shares of common stock on March 8, 2024, to cover tax obligations related to vesting restricted stock.
Summary
- On March 8, 2024, Renee R. Anderson, the EVP of Human Resources at Core Molding Technologies, disposed of 2,368 shares of common stock.
- The transaction was executed to cover tax withholding obligations upon the vesting of restricted stock.
- The shares were sold at a price of $19.33 per share.
- Following the transaction, Anderson directly owns 83,275 shares of Core Molding Technologies.
- The sale was exempt under Rule 16b-3(e).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock sale for tax purposes. It doesn't indicate any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Renee R. Anderson sold 2,368 shares of common stock. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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