Form 4: ICF International CEO John Wasson Reports Stock Acquisition Through Employee Stock Purchase Plan
SEC Form 4 Filing
ICF International's CEO, John Wasson, reports acquiring 101 shares of common stock through the company's Employee Stock Purchase Plan (ESPP) at a price of $112.1523 per share.
Summary
- John Wasson, CEO and President of ICF International, acquired 101 shares of the company's common stock on December 31, 2024.
- The acquisition was made through the ICF International, Inc. 2006 Employee Stock Purchase Plan (ESPP).
- The price per share was $112.1523, determined as at least 95% of the fair market value on December 31, 2024.
- Following the transaction, Wasson directly owns 184 shares and indirectly owns 716 shares through his spouse, 12,739 shares through the John M. Wasson Remainder Trust 2022, and 65,748 shares through the John M. Wasson Rev. Trust.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation, suggesting a neutral to slightly positive sentiment due to the CEO's participation in the ESPP.
Positives
- The CEO's participation in the ESPP could be viewed positively, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership. It reflects standard practices for publicly traded companies.
Comparison to Industry Standards
- Executive participation in ESPPs is a common practice among publicly traded companies.
- The discount offered through ESPPs typically ranges from 5% to 15% of the market price, aligning with the 5% discount mentioned in the document.
- Similar filings are regularly made by executives at companies like Booz Allen Hamilton and Leidos, disclosing changes in their stock ownership.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| July 1, 2024 | Start of the ESPP purchase period. |
| December 31, 2024 | End of the ESPP purchase period and transaction date for stock acquisition. |
| January 2, 2025 | Date of the Form 4 filing. |
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