Form 4: Ingevity Corp Executive Hulme Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Steven Paul Hulme, SVP and President of APT at Ingevity Corp, sold shares to cover tax obligations related to vested restricted stock units.
Summary
- On February 28, 2025, Steven Paul Hulme, SVP and President of APT at Ingevity Corp, disposed of shares of common stock to cover tax obligations.
- A total of 628 shares were disposed of at a price of $47.66 per share.
- These shares were withheld by the company to satisfy tax withholding obligations related to restricted stock units (RSUs) that vested on February 28, 2025.
- After the transaction, Hulme directly owns 3,205 shares of Ingevity Corp common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction and vesting of restricted stock units. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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