Form 4: Distribution Solutions Group Executive Reports Stock Transactions
SEC Form 4 Filing
David S. Lambert, VP, Controller and CAO of Distribution Solutions Group, reports the acquisition and disposal of common stock and restricted stock units on December 31, 2023.
Summary
- On December 31, 2023, David S. Lambert, VP, Controller and CAO of Distribution Solutions Group, engaged in transactions involving the company's stock.
- Lambert acquired 598 shares of common stock through the vesting of restricted stock units at a price of $31.56 per share.
- Simultaneously, Lambert disposed of 211 shares to cover taxes upon the vesting of these restricted stock units, also at $31.56 per share.
- Following these transactions, Lambert directly owns 1,689 shares of Distribution Solutions Group common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 12/31/2023 | Date of stock acquisition and disposal transactions. |
| 03/08/2024 | Date of signature on the Form 4 filing. |
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