Form 4: Edgewell Personal Care CEO Reports Stock Transactions Following Vesting of Restricted Stock Equivalents

Edgewell Personal Care's CEO, Rod R. Little, reported the acquisition of 10,587 shares of common stock and the disposal of 4,908 shares to cover tax liabilities, following the vesting of restricted stock equivalents.

Summary

• Rod R. Little, CEO of Edgewell Personal Care, reported transactions involving the company's common stock on November 12, 2024.
• These transactions occurred due to the vesting of restricted stock equivalents.
• Mr. Little acquired 10,587 shares of common stock as a result of the vesting.
• He also disposed of 4,908 shares to cover tax liabilities associated with the vesting at a price of $35.35 per share.
• Following these transactions, Mr. Little directly owns 310,513 shares of Edgewell Personal Care common stock.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and does not indicate any significant positive or negative sentiment. It is a routine filing.

Industry Context

This is a routine filing related to executive compensation and is common for publicly traded companies. It reflects the standard practice of granting and vesting restricted stock to executives.

Comparison to Industry Standards

• The vesting of restricted stock and subsequent tax liability sales are standard practices in executive compensation across publicly traded companies.
• Many companies use similar equity-based compensation plans to align executive interests with shareholder value.
• The tax withholding process is also a common practice to ensure compliance with tax regulations.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they are related to executive compensation and do not represent a significant change in ownership.

Key Dates

Keywords

Edgewell Personal Care, CEO, Rod R. Little, stock transaction, restricted stock, vesting, Form 4, insider trading