Form 4: EMCOR Group CFO Jason Nalbandian Reports Stock Transactions
SEC Form 4 Filing
Jason Nalbandian, CFO of EMCOR Group, reports the acquisition of restricted stock units due to a dividend payment.
Summary
- On April 30, 2024, Jason R Nalbandian, the SVP, CFO, and Chief Accounting Officer of EMCOR Group, Inc., acquired 4 restricted stock units (RSUs) as a consequence of a dividend paid on the company's common stock.
- These RSUs were issued in respect of already outstanding RSUs and are subject to the same vesting and forfeiture provisions.
- The price of the RSUs was $0.
- Following the transaction, Nalbandian beneficially owns 13,644.44 shares, which includes shares issuable in respect of RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency to investors regarding the holdings and transactions of key company personnel.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an adjustment to existing RSU grants due to a dividend payment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction: Jason Nalbandian acquired restricted stock units due to a dividend payment. |
| 05/01/2024 | Date of signature by Maxine L. Mauricio, Attorney-in-Fact. |
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