Form 4: Emergent BioSolutions SVP William Hartzel Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
William Hartzel, SVP of Bioservices at Emergent BioSolutions, disposed of 1,167 shares of common stock on June 8, 2024, to cover tax obligations.
Summary
- On June 8, 2024, William Hartzel, SVP of Bioservices at Emergent BioSolutions Inc., disposed of 1,167 shares of common stock.
- The transaction was executed to cover tax obligations.
- The shares were disposed of at a price of $6.19 per share.
- Following the transaction, Hartzel directly owns 33,107 shares of Emergent BioSolutions Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction to cover tax obligations. 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 company insiders, like officers and directors, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares being disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/08/2024 | Date of stock disposal transaction |
| 06/11/2024 | Date of signature for the Form 4 filing |
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