Form 4: ICF International CFO Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Barry M. Broadus, CFO of ICF International, reports acquisition and disposal of common stock and restricted stock units on March 20, 2024.

Summary

  • On March 20, 2024, Barry M. Broadus, the CFO of ICF International, engaged in multiple transactions involving the company's common stock and restricted stock units.
  • Broadus acquired 793, 685, and 564 shares of common stock through the vesting of restricted stock units, each at a price of $0.
  • Simultaneously, Broadus disposed of 170, 207, and 239 shares of common stock to cover tax obligations at a price of $152.59 per share.
  • He also acquired 2,511 restricted stock units, which vest over three years, with 25% vesting on each of the first two anniversaries and 50% on the third anniversary of the grant date.
  • Following these transactions, Broadus directly owns 2,302 shares of common stock and 7,279 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

  • The acquisition of restricted stock units aligns the CFO's interests with the long-term performance of the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of key executives.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in the CFO's holdings.

Key Dates

DateDescription
03/20/2024Date of stock transactions (acquisition and disposal of common stock and restricted stock units).
03/22/2024Date of signature for the Form 4 filing.

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