Form 4: Ingevity Corp Executive Stacy Cozad Reports Stock Transaction
SEC Form 4 Filing
Stacy Cozad, EVP, Gen. Counsel & Secretary of Ingevity Corp, reports disposition of shares to cover tax obligations related to vested RSUs.
Summary
- On February 26, 2024, Stacy Cozad, EVP, Gen. Counsel & Secretary of Ingevity Corp, disposed of 208 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $48.11 per share.
- Following the transaction, Cozad directly owns 15,333 shares of Ingevity Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related sale following RSU vesting.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of stock transaction (disposal of shares). |
| 02/26/2024 | Date of RSU vesting. |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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