Form 4: Emergent BioSolutions SVP Hartzel Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


William Hartzel, SVP of Bioservices at Emergent BioSolutions, disposed of 346 shares of common stock on March 5, 2024, to cover tax obligations.

Summary

  • On March 5, 2024, William Hartzel, SVP of Bioservices at Emergent BioSolutions, disposed of 346 shares of common stock.
  • The transaction was executed to cover tax obligations.
  • The price per share was $3.41.
  • Following the transaction, Hartzel directly owns 34,939 shares of Emergent BioSolutions stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock disposal for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates a routine transaction related to tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
03/05/2024Date of stock disposal transaction
03/07/2024Date of Form 4 filing

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