Form 4: Emerson Electric Co. Director Matthew S. Levatich Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Matthew S. Levatich reports acquisition of 1,476 restricted stock units of Emerson Electric Co. on February 4, 2025.
Summary
- On February 4, 2025, Matthew S. Levatich, a director of Emerson Electric Co., acquired 1,476 restricted stock units.
- These units were granted under a shareholder-approved benefits plan, as per Rule 16b-3(d).
- The fair market value of each unit on the grant date was $128.68.
- Following the transaction, Levatich directly owns 26,441 shares of common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and compliance with regulations. The acquisition of restricted stock units can be seen as a positive sign of alignment between management and shareholder interests.
Positives
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
- The grant was made under a shareholder-approved benefits plan, indicating good corporate governance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The acquisition of restricted stock units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of transaction: Matthew S. Levatich acquired 1,476 restricted stock units. |
| 02/06/2025 | Date of signature on the Form 4 filing. |
Keywords
restricted stock units, Form 4, director, beneficial ownership, Emerson Electric Co., Levatich, acquisition
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