Form 4: Emerson Electric Executive Michael H. Train Reports Stock Transaction

Michael H. Train, SVP & Chief Sustainability Officer at Emerson Electric Co., reports the withholding of shares for tax obligations following vesting of a stock grant.

Summary

• On October 7, 2024, Michael H. Train, a Senior Vice President and Chief Sustainability Officer at Emerson Electric Co., reported a transaction involving common stock.
• A total of 4,485 shares were withheld to cover required minimum taxes upon the vesting of a previously reported stock grant.
• The shares were withheld at a price of $111.56 per share, representing the fair market value on the date of withholding.
• Following the transaction, Train directly owns 265,416 shares of Emerson Electric Co. common stock.
• Train also indirectly owns shares through a 401(k) plan (11,443.922 shares), a 401(k) excess plan (1,343.096 shares), and a Profit Sharing Plan (840.722 shares).

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (tax withholding) related to executive compensation, which is neither particularly positive nor negative. The sentiment is neutral to slightly positive as it reflects ongoing compensation practices.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.

Key Dates