Form 4: Emerson Electric Director Calvin Butler Jr. Reports Acquisition of Restricted Stock Units

Sentiment:

SEC Filing


Director Calvin Butler Jr. reports acquiring 1,476 restricted stock units of Emerson Electric Co. on February 4, 2025.

Summary

  • Calvin Butler Jr., a director of Emerson Electric Co., filed a Form 4 with the SEC.
  • The filing reports the acquisition of 1,476 restricted stock units on February 4, 2025.
  • These units were granted under a shareholder-approved benefits plan, with a fair market value of $128.68 per unit on the grant date.
  • The filing also indicates the disposition of 2,238 common stock units.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard executive compensation practices, which is generally neutral to slightly positive.

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, providing transparency to investors.

Stakeholder Impact

  • Shareholders are informed about changes in the beneficial ownership of company stock by a director.

Key Dates

DateDescription
02/04/2025Date of transaction: Acquisition of restricted stock units and disposition of common stock units.
02/06/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.