Form 4: ESCO Technologies Director Acquires Restricted Share Units

Sentiment:

SEC Form 4 Filing


Director David A. Campbell acquired restricted share units equivalent to 193.8135 shares of ESCO Technologies Inc. common stock on October 16, 2024.

Summary

  • On October 16, 2024, David A. Campbell, a director of ESCO Technologies Inc., acquired 193.8135 Restricted Share Units (RSUs).
  • Each RSU is equivalent to one share of ESCO Technologies' common stock.
  • The price per share was $128.99.
  • Following the transaction, Campbell directly owns 915.8135 shares.
  • The RSUs become payable in common stock or cash, either in a lump sum or installments, beginning no later than the termination of Campbell's service as a director.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard insider transaction disclosure.

Future Outlook

The RSUs become payable according to the advance direction of the reporting person in common stock or cash and in a lump sum or installments beginning not later than the termination of the reporting person's service as a director.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding director's holdings.

Key Dates

DateDescription
10/16/2024Date of transaction: Director David A. Campbell acquired Restricted Share Units.
10/17/2024Date of signature by Attorney-in-Fact Jeffrey D. Fisher.

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