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 83 shares of common stock through the company's Employee Stock Purchase Plan at a price of $141.6498 per share.
Summary
- John Wasson, CEO and President of ICF International, reported acquiring 83 shares of the company's common stock on June 28, 2024.
- The acquisition was made through the ICF International, Inc. 2006 Employee Stock Purchase Plan (ESPP).
- The price per share was $141.6498.
- Following the transaction, Wasson directly owns 18,663 shares and indirectly owns 716 shares through a spouse, 48,800 shares through the John M. Wasson GRAT, and 22,045 shares through the John M. Wasson Rev. Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to an employee stock purchase plan. The CEO's participation is a slightly positive signal, but not significantly impactful.
Positives
- The CEO's participation in the ESPP could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership. It's common for executives to participate in ESPPs, which are designed to align their interests with those of shareholders.
Comparison to Industry Standards
- Executive stock ownership and ESPP participation are common practices among publicly traded companies.
- Comparing Wasson's stock ownership to peers in the consulting and professional services industry would provide a better understanding of his relative stake in the company.
- Companies like Accenture, Booz Allen Hamilton, and Deloitte also have similar executive compensation plans.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It slightly increases the CEO's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Start of the ESPP purchase period. |
| 06/28/2024 | Date of transaction (stock acquisition) and end of the ESPP offering period. |
| 07/02/2024 | Date of Form 4 filing. |
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