Form 4: EMCOR Group CEO Anthony Guzzi Reports Stock Transactions
SEC Form 4 Filing
Anthony Guzzi, Chairman, President, and CEO of EMCOR Group, Inc., reports the acquisition of restricted stock units due to a dividend payment and a gift transfer of common stock to the Guzzi Family Irrevocable Trust.
Summary
- On October 30, 2024, Anthony Guzzi, Chairman, President, and CEO of EMCOR Group, Inc., acquired 31 restricted stock units (RSUs) as a result of a dividend paid on the company's common stock.
- These RSUs are subject to the same vesting and forfeiture provisions as the original RSUs.
- Guzzi also reported a transfer of 5,790 shares of common stock as a gift to the Guzzi Family Irrevocable Trust, for the benefit of his children.
- Following these transactions, Guzzi directly owns 217,627 shares of common stock, including shares issuable in respect of RSUs.
- He also indirectly owns 5,790 shares through the Guzzi Family Irrevocable Trust, but disclaims beneficial ownership of these shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key executives and their potential impact on the company's stock.
Related Party Transactions
- The transfer of 5,790 shares to the Guzzi Family Irrevocable Trust is a related party transaction.
Stakeholder Impact
- The stock transfer to the Guzzi Family Irrevocable Trust may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 10/30/2024 | Date of RSU acquisition due to dividend payment and stock transfer to the Guzzi Family Irrevocable Trust. |
| 10/31/2024 | Date of signature by Attorney-in-Fact, Maxine L. Mauricio. |
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