Form 4: Emerson Electric Co. Executive Lisa Flavin Reports Stock Transactions

Lisa Flavin, Senior VP & CCO of Emerson Electric Co., reports acquisition and disposal of company stock related to performance share awards and restricted stock units.

Summary

• Lisa Flavin, a Senior VP & CCO at Emerson Electric Co., filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On November 4, 2024, she acquired 14,790 shares of common stock through the payout of earned units under a performance share award based on financial targets achieved by September 30, 2024.
• Also on November 4, 2024, she acquired 5,734 restricted stock units.
• 6,530 shares were withheld for taxes at a price of $109.11 per share.
• Following these transactions, Flavin directly owns 83,228 shares of common stock and indirectly owns 4,805.745 shares through a 401(k) plan and 2,249.905 shares through a 401(k) excess plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions reflect standard compensation practices and alignment of management with shareholder interests. The achievement of performance targets is a positive signal.

Positives

• The acquisition of shares through performance awards suggests the company met certain financial targets.
• The grant of restricted stock units aligns the executive's interests with those of the shareholders.

Negatives

• The withholding of 6,530 shares for taxes reduced the overall increase in Flavin's holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's prospects.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
• The performance-based awards potentially motivate management to achieve financial targets, benefiting shareholders.

Key Dates