Form 4: Ecovyst Inc. Executive Michael Feehan Reports Stock Disposal
SEC Form 4 Filing
Michael Feehan, Vice President and CFO of Ecovyst Inc., reports the disposal of 14,160 shares of common stock to cover tax obligations.
Summary
- On January 5, 2025, Michael Feehan, the Vice President and Chief Financial Officer of Ecovyst Inc., disposed of 14,160 shares of common stock.
- The transaction was executed to cover tax obligations, with the shares disposed of at a price of $7.755 each.
- Following the transaction, Feehan directly owns 350,639 shares of Ecovyst Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports a routine stock disposal for tax purposes.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This allows investors to monitor the actions of key personnel and their confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/05/2025 | Date of stock disposal transaction |
| 01/07/2025 | Date of signature on the Form 4 filing |
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