Form 4: Embecta Corp. President and CEO Devdatt Kurdikar Reports Stock Transaction
SEC Form 4 Filing
Devdatt Kurdikar, President and CEO of Embecta Corp., reports the disposition of shares to cover withholding taxes related to vesting restricted stock units.
Summary
- On April 4, 2025, Devdatt Kurdikar, President and CEO of Embecta Corp., disposed of 39,592 shares of common stock to cover withholding taxes.
- The transaction was executed at a price of $12 per share.
- Following the transaction, Kurdikar beneficially owns 499,582.278 shares of Embecta Corp.
- The reported share amount includes shares received as stock dividends.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
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 of the signature on the Form 4 filing. |
Keywords
Form 4, Embecta Corp, Devdatt Kurdikar, Stock Transaction, Beneficial Ownership, SEC Filing
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