Form 4: Emerson Electric Executive Ram Krishnan Reports Share Transfer

Sentiment:

SEC Form 4 Filing


Executive Vice President and COO of Emerson Electric, Ram Krishnan, reports a transfer of 27,814 shares as a gift to a revocable trust.

Summary

  • Ram Krishnan, Executive Vice President and COO of Emerson Electric, filed a Form 4 indicating changes in beneficial ownership of company stock.
  • On November 22, 2024, Mr. Krishnan gifted 27,814 shares of Emerson Electric common stock to a revocable trust.
  • Following the transaction, Mr. Krishnan directly owns 60,984 shares and indirectly owns 125,124 shares through the trust.
  • He also has indirect ownership through a 401(k) plan (1,511.671 shares) and a profit sharing plan (501.379 shares).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock ownership and is common for publicly traded companies. It does not indicate any unusual activity or trend.

Comparison to Industry Standards

  • Form 4 filings are standard practice for executives of publicly traded companies like Emerson Electric.
  • The gifting of shares to a trust is a common estate planning strategy for executives.
  • The reported transactions are consistent with typical executive stock ownership changes.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a transfer of ownership, not a sale of shares on the open market.
  • The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/22/2024Date of the stock transfer.
11/25/2024Date the form was signed.

Keywords

Form 4, Beneficial Ownership, Emerson Electric, Ram Krishnan, Stock Transfer, Executive, Revocable Trust, Share Gift

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