Form 4: Distribution Solutions Group EVP CFO & Treasurer Ronald J. Knutson Reports Stock Transactions
SEC Form 4 Filing
Ronald J. Knutson, EVP CFO & Treasurer of Distribution Solutions Group, reports the acquisition and disposal of common stock on January 27, 2024, according to a Form 4 filing.
Summary
- On January 27, 2024, Ronald J. Knutson, the EVP CFO & Treasurer of Distribution Solutions Group, engaged in transactions involving the company's common stock.
- Knutson acquired 4,000 shares of common stock at a price of $32.52 per share.
- He also disposed of 1,864 shares to cover taxes upon the vesting of restricted stock units, also at $32.52 per share.
- Following these transactions, Knutson beneficially owns 83,268 shares of Distribution Solutions Group common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions provide shareholders with insight into the actions of a key executive, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/27/2024 | Date of stock acquisition and disposal transactions. |
| 04/01/2024 | Date of signature on the report. |
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