Form 4: Emerson Electric Executive Ram Krishnan Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Executive Vice President and COO of Emerson Electric, Ram Krishnan, reports acquisition and disposal of company stock related to performance share awards and restricted stock units.

Summary

  • Ram Krishnan, Executive Vice President & COO of Emerson Electric Co., reported transactions involving Emerson Electric Co. [EMR] common stock.
  • On November 4, 2024, Krishnan acquired 40,058 shares through a performance share award payout based on financial targets achieved by September 30, 2024.
  • Also on November 4, 2024, 17,686 shares were withheld for taxes at a price of $109.11.
  • Krishnan also received a grant of 24,576 restricted stock units on November 4, 2024.
  • Following these transactions, Krishnan directly owns 93,180 shares and 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: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions related to executive compensation. It doesn't inherently indicate positive or negative performance for the company.

Positives

  • The acquisition of shares through performance share awards suggests the achievement of financial targets by Emerson Electric Co.

Negatives

  • The withholding of 17,686 shares for taxes indicates a taxable event for the reporting person.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions are governed by SEC regulations to prevent insider trading and ensure transparency.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by an executive.

Key Dates

DateDescription
09/30/2024End of performance period for performance share award.
11/04/2024Date of stock acquisition, disposal, and grant of restricted stock units.
11/06/2024Date of signature for the Form 4 filing.

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