Form 4: Crown Holdings EVP & COO Gifford Gerard H Reports Stock Disposal
SEC Form 4 Filing
Gifford Gerard H, EVP & COO of Crown Holdings, disposed of 8,940 shares of common stock on September 12, 2024.
Summary
- On September 12, 2024, Gifford Gerard H, the EVP & COO of Crown Holdings, disposed of 8,940 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Gifford Gerard H directly owns 124,402 shares of Crown Holdings.
- He also indirectly owns 5,769 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock disposal. It doesn't inherently indicate positive or negative sentiment, but rather a factual reporting of a transaction.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, but it's a common occurrence and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| June 28, 2024 | Reporting Person owned 5,769 shares of CCK Common Stock under the CCK 401(k) Plan. |
| 09/12/2024 | Date of transaction where 8,940 shares of common stock were disposed of. |
| 09/13/2024 | Date of signature on the report. |
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