Form 4: Innospec Inc. VP & CFO Ian Cleminson Reports Stock Transactions
SEC Form 4
Ian Cleminson, VP & CFO of Innospec Inc., reports the acquisition and disposal of common stock on February 29, 2024.
Summary
- On February 29, 2024, Ian Cleminson, VP & CFO of Innospec Inc., engaged in transactions involving the company's common stock.
- Cleminson acquired 931 shares of common stock through the exercise of an employee stock option at a price of $99.85 per share.
- Simultaneously, Cleminson disposed of 931 shares of common stock at a price of $124.0684 per share.
- Following these transactions, Cleminson directly owns 22,996 shares of Innospec Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company executive.
Key Dates
| Date | Description |
|---|---|
| 02/22/2024 | Date employee stock option was exercisable |
| 02/29/2024 | Date of stock acquisition and disposal |
| 02/22/2031 | Expiration date of employee stock option |
| 03/01/2024 | Date of signature |
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