Form 4: Emerson Electric Executive Michael H. Train Reports Stock Sale and Tax Withholding

Michael H. Train, SVP & Chief Sustainability Officer of Emerson Electric Co., reported selling 21,525 shares of common stock and having shares withheld for tax obligations.

Summary

• On November 6, 2024, Michael H. Train, SVP & Chief Sustainability Officer of Emerson Electric Co., sold 21,525 shares of common stock at a weighted average price of $125.9611.
• The sale was executed in multiple transactions with prices ranging from $125.80 to $126.17.
• Additionally, 1,434 shares were withheld for required minimum taxes upon the vesting of a previously reported stock grant, with a fair market value of $125.44 on the date of withholding.
• Following these transactions, Train directly owns 260,974 shares of Emerson Electric Co. common stock.
• Train also indirectly owns 845.168 shares via a Profit Sharing Plan, 11,504.515 shares via a 401(k) plan, and 1,350.21 shares via a 401(k) excess plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects standard insider trading activity (selling shares and tax obligations) without indicating any specific positive or negative outlook for the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common among corporate executives. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but is unlikely to be significant given the volume of shares traded daily.

Key Dates