Form 4: FMC Corp Director C. Scott Greer Reports Acquisition of Common Stock Through Dividend Equivalent Rights
SEC Form 4 Filing
Director C. Scott Greer acquired 211 shares of FMC Corp common stock on April 18, 2024, through dividend equivalent rights related to vested restricted stock units.
Summary
- On April 18, 2024, C. Scott Greer, a director of FMC Corp, acquired 211 shares of common stock.
- The acquisition was a result of dividend equivalent rights associated with vested restricted stock units.
- Following the transaction, Greer directly owns 66,583 shares of FMC Corp common stock.
- Michael F. Reilly, as attorney in fact for C. Scott Greer, signed the report on April 22, 2024.
- A power of attorney document was provided, effective January 31, 2024, granting Michael F. Reilly and Zakiya Barnett the authority to execute Forms 3, 4, and 5 on behalf of C. Scott Greer.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. The acquisition of shares through dividend equivalent rights is a normal part of executive compensation.
Positives
- The acquisition of shares through dividend equivalent rights indicates a return of value to the director based on their existing holdings of vested restricted stock units.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalent rights.
Key Dates
| Date | Description |
|---|---|
| 2024-01-31 | Effective date of Power of Attorney granting authority to Michael F. Reilly and Zakiya Barnett to execute SEC filings on behalf of C. Scott Greer. |
| 2024-04-18 | Date of transaction: C. Scott Greer acquired 211 shares of FMC Corp common stock through dividend equivalent rights. |
| 2024-04-22 | Date of signature of the Form 4 report by Michael F. Reilly, as attorney in fact for C. Scott Greer. |
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