Form 4: Emerson Electric Director Craighead Receives Restricted Stock Units
SEC Form 4 Filing
Director Martin S. Craighead acquired 1,476 restricted stock units of Emerson Electric Co. on February 4, 2025.
Summary
- On February 4, 2025, Martin S. Craighead, 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 restricted stock unit on the grant date was $128.68.
- Following the transaction, Craighead directly owns 13,616 common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (grant of restricted stock units) and doesn't contain any alarming or negative information. It suggests a stable and well-governed company.
Positives
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
- The transaction occurred 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.
Comparison to Industry Standards
- The grant of restricted stock units to directors is a common practice among publicly traded companies to incentivize performance and align interests with shareholders.
- Companies like General Electric (GE) and Siemens also utilize similar equity-based compensation plans for their executives and directors.
Stakeholder Impact
- The grant of restricted stock units can positively impact shareholders by aligning the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of the transaction (grant of restricted stock units) |
| 02/06/2025 | Date of signature for the Form 4 filing |
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