Form 4: Emerson Electric Executive Sells Shares to Cover Tax Obligations

Michael Tang, a Senior Vice President at Emerson Electric, sold 1,398 shares of common stock to cover tax obligations related to a stock grant.

Summary

• Michael Tang, a Senior Vice President, Secretary, and Chief Legal Officer at Emerson Electric Co., sold 1,398 shares of common stock on January 2, 2025.
• The sale was executed to cover required minimum taxes upon the vesting of a previously reported stock grant.
• The shares were sold at a price of $123.37 per share.
• Following the transaction, Mr. Tang directly owns 30,047 shares of Emerson Electric common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation. It is neither particularly positive nor negative, but rather a standard practice.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax liabilities when stock options or grants vest.

Comparison to Industry Standards

• Similar transactions are common among executives at publicly traded companies, particularly when stock-based compensation vests.
• The sale of shares to cover tax obligations is a standard practice and does not indicate any unusual activity compared to other companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Emerson Electric, insider trading, stock sale, executive compensation, Form 4, Michael Tang