Form 4: EMCOR Group SVP Jason Nalbandian Reports Stock Disposal
SEC Form 4 Filing
Jason Nalbandian, SVP & Chief Accounting Officer of EMCOR Group, Inc., reported the disposal of 745 shares of common stock on February 29, 2024, to cover tax obligations related to restricted stock units.
Summary
- On February 29, 2024, Jason R. Nalbandian, SVP & Chief Accounting Officer of EMCOR Group, Inc. disposed of 745 shares of common stock.
- The transaction was executed at a price of $313.52 per share.
- Following the transaction, Nalbandian beneficially owns 13,640.44 shares of EMCOR Group, Inc. common stock.
- The disposal was related to the satisfaction of tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing reflects a common practice of executives selling shares to cover tax obligations related to vesting equity awards.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock disposal transaction |
| 03/04/2024 | Date of signature on the Form 4 filing |
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