Form 4: Emerson Electric Senior VP & CMO Reports Stock Transaction
SEC Form 4 Filing
Vidya Ramnath, Senior VP & CMO of Emerson Electric, reports a transaction involving the withholding of shares for tax obligations upon vesting of a stock grant.
Summary
- On November 6, 2024, Vidya Ramnath, Senior VP & CMO of Emerson Electric Co., reported a transaction on Form 4.
- The transaction involved the withholding of 268 shares of common stock at a price of $125.44 per share.
- These shares were withheld for required minimum taxes upon the vesting of a previously reported stock grant under a shareholder-approved benefit plan.
- Following the transaction, Ramnath directly owns 25,745 shares of Emerson Electric Co. common stock.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't indicate any significant positive or negative sentiment, but transparency is generally viewed favorably.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the reported transaction (stock withholding for taxes). |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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