Form 4: Heidrick & Struggles President 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 common stock and restricted stock units.
Summary
- On March 7, 2025, Thomas J. Murray III acquired 19,218 shares of Common Stock.
- These shares were acquired as Restricted Stock Units (RSUs) under the Fifth Amended and Restated 2012 Heidrick & Struggles GlobalShare Program.
- The RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date.
- On March 10, 2025, Murray disposed of 7,985 shares of Common Stock to satisfy tax withholding obligations related to the vesting of RSUs and Performance Stock Units.
- Following these transactions, Murray directly owns 85,019.594 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Acquisition of 19,218 shares of Common Stock via Restricted Stock Units. |
| 03/10/2025 | Disposal of 7,985 shares of Common Stock to cover tax withholding obligations. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.