Form 4: Distribution Solutions Group EVP CFO & Treasurer Ronald J Knutson Reports Stock Performance Rights Transaction

Ronald J Knutson, EVP CFO & Treasurer of Distribution Solutions Group, reports a transaction involving Stock Performance Rights on August 16, 2024.

Summary

• On August 16, 2024, Ronald J Knutson, the EVP CFO & Treasurer of Distribution Solutions Group, executed a transaction involving Stock Performance Rights.
• Knutson exchanged 15,966 Stock Performance Rights for cash.
• The exercise price of the Stock Performance Rights was $11.38.
• Each Stock Performance Right was exchanged for cash in the amount of the current price of the Company's common stock less the exercise price ($34.54-$11.38).

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports a transaction and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock and related derivatives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The details provided are consistent with regulatory requirements for disclosing changes in beneficial ownership.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates