Form 4: Innospec Inc. Executive Hardy Louis Griffin III Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Hardy Louis Griffin III, SVP of Human Resources at Innospec Inc., reports a transaction involving common stock related to the vesting of a restricted stock unit award.
Summary
- On May 13, 2025, Hardy Louis Griffin III, SVP of Human Resources at Innospec Inc., reported a transaction involving the company's common stock.
- 600 shares were withheld to cover income tax liability upon the vesting of a restricted stock unit award.
- The price per share was $91.53.
- Following the transaction, Griffin directly owns 6,742 shares of Innospec Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and does not inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of a restricted stock unit and the subsequent withholding of shares to cover tax obligations, a common practice in executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: shares withheld for tax liability on vesting restricted stock unit award. |
| 05/15/2025 | Date of signature on the report. |
Keywords
Form 4, Innospec Inc., Beneficial Ownership, Hardy Louis Griffin III, IOSP, Restricted Stock Unit, Tax Liability, Common Stock, SVP Human Resources
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