Form 4: Emerson Electric CPO Sells Shares for Tax Obligations

Emerson Electric's Senior VP & CPO, Nicholas J. Piazza, disposed of 903 common shares to cover tax obligations related to a stock grant vesting.

Summary

• Nicholas J. Piazza, Senior VP & CPO of Emerson Electric Co., reported a transaction on November 4, 2025.
• The transaction involved the disposition of 903 shares of Common Stock.
• These shares were withheld to cover required minimum taxes upon the vesting of a previously reported stock grant.
• The transaction was executed at a price of $138.315 per share, which represents the fair market value on the date of withholding.
• Following this transaction, Mr. Piazza beneficially owns 39,226 shares of Emerson Electric Co. Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes related to executive compensation, which is an expected part of stock grant vesting.

Positives

• The transaction is a routine administrative event related to stock compensation, indicating the vesting of previously granted equity awards to a key executive.
• The stock grant and subsequent tax withholding are part of a shareholder-approved benefit plan, aligning executive incentives with shareholder interests.

Negatives

• The disposition of shares, while for tax purposes, reduces the executive's direct ownership slightly, though this is a non-discretionary event.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This transaction is a routine insider filing common across all publicly traded companies where executives receive stock-based compensation. It reflects the standard practice of withholding shares to cover tax liabilities upon the vesting of equity awards, rather than a discretionary sale based on market outlook.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale indicating a change in executive confidence. It reflects the ongoing operation of the company's executive compensation plan.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Emerson Electric, EMR, Form 4, Insider Transaction, Stock Grant, Tax Withholding, Executive Compensation, Nicholas J. Piazza