Form 4: Ingram Micro Holding Corp Director, Felicia Alvaro, Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Felicia Alvaro reports acquiring 6,984 restricted stock units and disposing of common stock on November 6, 2024.
Summary
- On November 6, 2024, Felicia Alvaro, a director of Ingram Micro Holding Corp, filed a Form 4.
- The form reports the acquisition of 6,984 restricted stock units (RSUs) that vest on May 6, 2025.
- Each RSU represents the right to receive one share of common stock upon vesting.
- The form also indicates a disposal of common stock.
- Following the reported transactions, Alvaro beneficially owns 15,393 shares of common stock.
- The shares are subject to a lock-up agreement preventing sale for 180 days following October 23, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of RSUs indicates confidence in the company's future performance.
Risks
- The lock-up agreement restricts the director's ability to sell shares for a specified period, potentially limiting flexibility.
Future Outlook
The vesting of RSUs on May 6, 2025, will result in the issuance of additional shares of common stock to the reporting person.
Industry Context
Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- Shareholders may be interested in the director's stock transactions as an indicator of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Effective date of the lock-up agreement. |
| 11/06/2024 | Date of the reported transactions (acquisition and disposal of stock). |
| 05/06/2025 | Vesting date of the restricted stock units. |
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