4/A: FTI Consulting Executive Corrects Stock Acquisition Report

Sentiment:

SEC Filing


Matthew Pachman, VP and Chief Risk/Ethics Officer at FTI Consulting, files an amendment to correct a previously reported stock acquisition.

Summary

  • Matthew Pachman, VP, Chief Risk/Ethics Officer of FTI Consulting, filed an amended Form 4 with the SEC.
  • The amendment corrects a previous filing from March 7, 2024, regarding a transaction on March 6, 2024.
  • The original filing incorrectly reported the acquisition of 'Restricted Stock Units'.
  • The corrected filing clarifies that the transaction involved the acquisition of 121 shares of 'Common Stock' at $0 price.
  • Following the reported transaction, Pachman beneficially owns 1,607 shares of common stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a regulatory filing. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.

Negatives

  • The initial report contained an error regarding the type of security acquired.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders and the public.

Key Dates

DateDescription
03/06/2024Date of the stock transaction.
03/07/2024Date of the original, incorrect filing.
06/07/2024Date of the amended filing.

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