Form 4: Emerson Electric Executive Vice President Ram Krishnan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President and COO of Emerson Electric, Ram Krishnan, reports a transaction involving the withholding of shares for tax obligations and adjustments to beneficial ownership.
Summary
- On November 6, 2024, Ram Krishnan, Executive Vice President & COO of Emerson Electric Co., reported changes in beneficial ownership of company stock.
- 4,302 shares of common stock were withheld to cover required minimum taxes upon the vesting of a previously reported stock grant.
- The shares were withheld at a price of $125.44 per share, representing the fair market value on the date of withholding.
- Following the transaction, Krishnan directly owns 88,878 shares of Emerson Electric 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: 5
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a standard practice.
- The filing provides transparency to stakeholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the transaction involving the withholding of shares for tax obligations. |
| 11/08/2024 | Date of signature for the report. |
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