Form 4: Emerson Electric CEO Sells 52,409 Shares in Recent Transaction

Emerson Electric CEO, Surendral L. Karsanbhai, sold 52,409 shares of company stock at a weighted average price of $130.5075 on November 13, 2024.

Summary

• Surendral L. Karsanbhai, CEO and President of Emerson Electric Co., sold 52,409 shares of common stock on November 13, 2024.
• The shares were sold at a weighted average price of $130.5075 per share.
• The sale was executed in multiple transactions with prices ranging from $130.50 to $130.61.
• Following the transaction, Karsanbhai still beneficially owns a significant number of shares both directly and indirectly through various accounts.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to sell shares for personal financial management.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies.
• The sale by the CEO is within the normal range of insider transactions and does not appear to be unusual compared to similar filings from other companies.
• It is typical for executives to have a mix of direct and indirect ownership through various investment vehicles.

Stakeholder Impact

• The stock sale may have a minor impact on the share price, but it is unlikely to be significant given the volume of shares traded daily.

Key Dates

Keywords

Emerson Electric, EMR, Surendral L. Karsanbhai, stock sale, insider trading, SEC Form 4, executive transaction