Form 4: EMCOR Group EVP Kevin Matz Reports Stock Disposal
SEC Form 4 Filing
Kevin Matz, EVP of Shared Services at EMCOR Group, reports disposing of 2,593 shares of common stock to cover tax obligations.
Summary
- On February 29, 2024, Kevin Matz, EVP Shared Services at EMCOR Group, Inc., disposed of 2,593 shares of common stock.
- The transaction was a disposal (D) at a price of $313.52 per share.
- Following the transaction, Matz beneficially owns 174,151 shares of EMCOR Group, Inc. common stock, including shares issuable in respect of restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock disposal by an executive, likely for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Kevin Matz, transact in their company's stock. These filings provide transparency into insider activity, which can be of interest to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock disposal transaction |
| 03/04/2024 | Date of signature by Attorney-in-Fact |
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