Form 4: Innospec Director David Landless Reports Stock Transaction
SEC Form 4 Filing
Director David Landless reports disposition of Innospec Inc. shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On February 21, 2025, David Landless, a director of Innospec Inc. (IOSP), reported a transaction involving the disposition of 306 shares of common stock.
- The shares were withheld to settle income tax liability incurred upon the vesting of restricted stock units.
- The price per share was $105.07.
- Following the transaction, Landless beneficially owns 5,478 shares of Innospec Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transaction (disposition of shares). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.