DCI.NYSEDonaldson CO INC

Form 4: Donaldson Co INC: Officer Lewis Exercises Stock Options and Disposes of Shares

Sentiment:

SEC Form 4

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Richard Brent Lewis, a President at Donaldson Co INC, exercised stock options and disposed of shares on June 14, 2024.

Summary

  • On June 14, 2024, Richard Brent Lewis, President of Donaldson Co INC, executed transactions involving the company's stock.
  • Lewis exercised employee stock options to acquire 3,000 shares of common stock at a price of $38.78 per share.
  • Simultaneously, Lewis disposed of 2,272 shares of common stock at a price of $73.83 per share.
  • Following these transactions, Lewis directly owns 23,769 shares of Donaldson Co INC.
  • Lewis also indirectly owns 813 shares and 3,637 shares by benefit plan trusts.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It's common for executives to exercise stock options and sell shares for personal financial management.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
06/14/2024Date of earliest transaction: exercise of stock options and disposal of shares.
06/17/2024Date of signature by Attorney-in-fact.
12/05/2024Expiration date of the employee stock option.

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