Form 4: Distribution Solutions Group EVP CFO & Treasurer Ronald J. Knutson Reports Transaction
SEC Form 4 Filing
Ronald J. Knutson, EVP CFO & Treasurer of Distribution Solutions Group, reports acquisition and disposal of common stock on April 1, 2024.
Summary
- On April 1, 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 $34.61 per share.
- He also disposed of 1,772 shares to cover taxes upon vesting of restricted stock units, also at $34.61 per share.
- Following these transactions, Knutson beneficially owns 85,496 shares of Distribution Solutions Group common stock.
Sentiment
Score: 5
Explanation: This is a routine insider transaction report, and the sentiment is neutral as it simply reflects the executive's stock activity.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the reported transaction (acquisition and disposal of common stock). |
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