Form 4: Emerson Electric CEO Lanca Reports Gift of Shares to Revocable Trust

Surendralal Lanca, President & CEO of Emerson Electric Co., reported a gift of 542 shares of common stock to a revocable trust and various holdings in 401(k) and other plans.

Summary

• On June 28, 2024, Surendralal Lanca, the President & CEO of Emerson Electric Co., filed a Form 4.
• The filing reports a gift of 542 shares of Emerson Electric common stock to a revocable trust.
• Following the transaction, Lanca directly owns 138,208 shares.
• Lanca also indirectly owns 149,084.0331 shares through a trust.
• Additionally, Lanca has indirect ownership through custodian accounts for his son and daughter, a 401(k) plan, a 401(k) excess plan, and a profit-sharing plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, required by the SEC to ensure transparency and prevent insider trading. It provides investors with information about the trading activities of company executives.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a personal transaction of the CEO.
• The filing ensures transparency for shareholders regarding insider transactions.

Key Dates