Form 4: FactSet Executive Moskoff Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Gregory T. Moskoff, MD, Controller, and CAO of FactSet Research Systems, Inc., reported disposing of shares to cover tax obligations related to vesting restricted stock.
Summary
- On August 1, 2024, Gregory T. Moskoff, MD, Controller, and CAO of FactSet Research Systems Inc., disposed of 8 shares of common stock to satisfy tax obligations.
- The shares were disposed of at a price of $408.71 per share.
- Following the transaction, Moskoff directly owns 64.1379 shares of FactSet common stock.
- The disposal was related to the vesting of restricted stock granted on August 1, 2019, which vests 20% annually over five years.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate any significant positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's stock. This filing indicates a routine transaction related to tax obligations from vested equity.
Key Dates
| Date | Description |
|---|---|
| 08/01/2019 | Date of original restricted stock grant, vesting 20% annually over five years. |
| 08/01/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 08/02/2024 | Date of signature on the Form 4 filing. |
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