Form 4: Emerson Electric Director James S. Turley Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director James S. Turley reports the acquisition of 1,476 restricted stock units of Emerson Electric Co. on February 4, 2025.
Summary
- On February 4, 2025, James S. Turley, 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 unit on the grant date was $128.68.
- Following this transaction, Turley beneficially owns 26,207 shares of common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The filing indicates standard executive compensation practices and aligns management interests with shareholders.
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
This filing is a routine disclosure related to executive compensation and is common for publicly traded companies. It reflects standard practices for aligning management incentives with shareholder value.
Comparison to Industry Standards
- The granting of restricted stock units is a common practice among publicly traded companies to incentivize and retain key personnel.
- Companies like General Electric (GE) and Siemens also use similar equity-based compensation plans for their executives.
- The specific amount and terms of the grant would need to be compared to industry benchmarks for executive compensation to determine if it is in line with market standards.
Stakeholder Impact
- The grant of restricted stock units can positively impact shareholders by aligning management's interests with the company's long-term success.
- Employees may view this as a positive sign of the company's commitment to its leadership.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of transaction: Grant of restricted stock units to James S. Turley. |
| 02/06/2025 | Date of report signature. |
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