Form 4: FTI Consulting Executive Linton Paul Alderman Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
FTI Consulting's Chief Strategy/Transformation Officer, Linton Paul Alderman, reported disposing of common stock to cover tax liabilities related to vested restricted stock.
Summary
- Linton Paul Alderman, Chief Strategy/Transformation Officer of FTI Consulting, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of FTI Consulting common stock on March 8, 9, and 10, 2024, to cover tax liabilities.
- A total of 250, 310, and 308 shares were disposed of on each respective day at a price of $204.08 per share.
- These disposals were related to shares of restricted stock that vested on those dates.
- Following these transactions, Alderman's direct ownership of FTI Consulting common stock decreased from 44,034 to 43,416 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares to cover tax obligations upon vesting of restricted stock is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Disposal of 250 shares of common stock to cover tax liability on vested restricted stock. |
| 03/09/2024 | Disposal of 310 shares of common stock to cover tax liability on vested restricted stock. |
| 03/10/2024 | Disposal of 308 shares of common stock to cover tax liability on vested restricted stock. |
| 03/11/2024 | Date of Form 4 filing. |
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