Form 4: Interpublic Group EVP Andrew Bonzani Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Andrew Bonzani, EVP and General Counsel of Interpublic Group, reports acquiring 25,453 shares of common stock and disposing of an unspecified amount.
Summary
- On February 29, 2024, Andrew Bonzani, EVP and General Counsel of Interpublic Group of Companies, acquired 25,453 shares of common stock at a price of $31.43 per share.
- The transaction also involved the disposal of an unspecified amount of shares.
- Following the reported transactions, Bonzani beneficially owns 95,884 shares, which includes restricted shares subject to forfeiture under certain circumstances.
- The acquired shares are restricted and will vest on February 28, 2027.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of stock acquisition and disposal. |
| 02/28/2027 | Vesting date for restricted shares. |
| 03/04/2024 | Date of report signature. |
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