Form 4: Emerson Electric Executive Ram Krishnan Reports Gift of Shares
SEC Form 4 Filing
Executive Vice President and COO of Emerson Electric, Ram Krishnan, reported a gift of 80 common shares to United Way.
Summary
- Ram Krishnan, an Executive Vice President and COO at Emerson Electric, filed a Form 4 indicating a change in beneficial ownership.
- The filing reports a gift of 80 common shares of Emerson Electric stock to United Way on November 12, 2024.
- Following the transaction, Krishnan directly owns 88,798 shares of common stock.
- Krishnan also indirectly owns 97,310 shares through a trust, 1,511.671 shares through a 401(k) plan, and 501.379 shares through a profit sharing plan.
Sentiment
Score: 7
Explanation: The document is a routine filing and does not indicate any positive or negative sentiment. It is a neutral event.
Industry Context
This is a routine filing related to changes in beneficial ownership by a company executive, which is common practice and required by the SEC.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are required by the SEC to ensure transparency in stock transactions.
- The gift of shares is a common practice for executives and is not unusual.
- The level of detail provided in the filing is consistent with SEC requirements for Form 4 filings.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small gift of shares by an executive.
- The gift to United Way may have a positive impact on the community.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of the stock gift transaction. |
| 11/14/2024 | Date the Form 4 was signed. |
Keywords
Form 4, Beneficial Ownership, Emerson Electric, Ram Krishnan, Stock Gift, Executive Compensation, Share Holdings
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