Form 4: Ingevity Corp Executive Christine Stunyo Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Christine Stunyo, SVP and Chief HR Officer of Ingevity Corp, disposed of 351 shares of common stock on February 28, 2024, to cover tax withholding obligations related to vested RSUs.
Summary
- On February 28, 2024, Christine Stunyo, SVP and Chief HR Officer of Ingevity Corp, disposed of 351 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of 2023 Restricted Stock Units (RSUs).
- The shares were disposed of at a price of $45.27 per share.
- Following the transaction, Christine Stunyo directly owns 8,730 shares of Ingevity Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, which can be informative but don't necessarily indicate a broader trend.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: Disposal of 351 shares of common stock. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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