Form 4: Embecta Corp. Executive Shaun Curtis Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Shaun Curtis, SVP at Embecta Corp., disposed of shares to cover withholding taxes related to vesting restricted stock units.
Summary
- Shaun Curtis, a Senior Vice President at Embecta Corp., filed a Form 4 on April 8, 2025, reporting a transaction that occurred on April 4, 2025.
- The transaction involved the disposal of 3,249 shares of common stock at a price of $12 per share.
- These shares were withheld for payment of withholding taxes in connection with the vesting of restricted stock units.
- Following the transaction, Curtis beneficially owns 59,060.718 shares of Embecta Corp.
- The report also mentions that the number of shares includes shares received as stock dividends.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reflects standard executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects standard practices for handling tax obligations associated with equity-based compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/05/2022 | Date of Power of Attorney referenced in the document. |
| 04/04/2025 | Date of the stock transaction (disposal of shares). |
| 04/08/2025 | Date the Form 4 was signed. |
Keywords
Form 4, Embecta Corp, Shaun Curtis, Stock Disposal, Restricted Stock Units, Beneficial Ownership, Tax Withholding, Stock Dividends
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