Form 4: Heidrick & Struggles Executive Thomas J. Murray III Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas J. Murray III, President of Heidrick & Struggles International, reports acquisition and disposal of company stock and derivative securities.
Summary
- On March 8, 2024, Thomas J. Murray III acquired 22,638 Restricted Stock Units and 32,383 Performance Stock Units of Heidrick & Struggles International Inc.
- On March 9, 2024, 859 shares of common stock were disposed of to cover tax withholding obligations related to the vesting of Restricted Stock Units.
- Following these transactions, Murray directly owns 76,757.088 shares of Heidrick & Struggles International Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transactions described are part of standard executive compensation practices. Therefore, the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their ownership of company securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Acquisition of Restricted Stock Units and Performance Stock Units |
| 03/09/2024 | Disposal of shares for tax withholding |
| 03/13/2024 | Date of signature by Attorney-In-Fact |
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