Form 4: Interpublic Group Director Mary Guilfoile Reports Acquisition of Shares
SEC Form 4 Filing
Director Mary Guilfoile reports acquisition of 7,357 shares of Interpublic Group common stock at $30.58 per share.
Summary
- On May 1, 2024, Mary Guilfoile, a director of Interpublic Group of Companies, acquired 7,357 shares of common stock.
- The shares were acquired at a price of $30.58 per share.
- Following the transaction, Guilfoile beneficially owns 116,402 shares of Interpublic Group common stock.
- The acquired shares will vest on May 1, 2025.
- Some of the shares are restricted and subject to forfeiture under certain circumstances.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. While insider buying can be seen as a positive signal, it's not overwhelmingly positive in this context.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Mary Guilfoile acquired shares of Interpublic Group common stock. |
| 05/01/2025 | Vesting date for the acquired shares. |
| 05/03/2024 | Date of report submission. |
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