Form 4: Emerson Electric Co. Executive Peter Zornio Reports Stock Transaction
SEC Form 4 Filing
Chief Technology Officer Peter Zornio reports disposition of shares to cover tax obligations and updates beneficial ownership.
Summary
- Peter Zornio, Chief Technology Officer of Emerson Electric Co., reported a transaction involving the disposition of 480 shares of common stock on November 6, 2024, to cover required minimum taxes upon the vesting of a previously reported stock grant.
- The shares were disposed of at a price of $125.44 per share.
- Following the transaction, Zornio directly owns 57,220 shares of Emerson Electric Co. common stock and indirectly owns 1,904.251 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of stock transaction (disposition of shares). |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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