Form 4: Federal Signal Corp Executive Ian A. Hudson Reports Stock Award and Tax Withholding
SEC Form 4 Filing
Ian A. Hudson, S.V.P. & CFO of Federal Signal Corp, reports the acquisition of 10,779 shares of common stock and the disposal of 4,824 shares for tax withholding purposes on February 28, 2024.
Summary
- On February 28, 2024, Ian A. Hudson, the S.V.P. & CFO of Federal Signal Corp, acquired 10,779 shares of common stock.
- The acquisition was likely related to a stock award, as the price per share is listed as $0.
- On the same day, Hudson disposed of 4,824 shares of common stock to cover tax obligations.
- The disposal price was $82.26 per share.
- Following these transactions, Hudson directly owns 73,996 shares of Federal Signal Corp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock acquisition and disposal for tax withholding. |
| 02/29/2024 | Date of signature on the Form 4 filing. |
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