Form 4: Invesco Ltd. Executive Tony Wong Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior Managing Director Tony Wong of Invesco Ltd. reports the disposition of shares to cover tax obligations and the acquisition of restricted stock units.
Summary
- On February 28, 2024, Tony Wong, a Senior Managing Director at Invesco Ltd., reported a transaction involving Invesco's common shares.
- Wong disposed of 7,522 common shares at a price of $15.29 per share to satisfy tax obligations.
- Following this transaction, Wong directly owns 149,849 common shares.
- Additionally, Wong acquired 61,373 restricted stock units, each representing a contingent right to receive one common share of Invesco Ltd.
- These restricted stock units vest in four equal installments and expire upon termination of employment.
- After the reported transactions, Wong holds 61,373 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects standard transactions related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, which is common in the financial services industry.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction involving the disposition of common shares and acquisition of restricted stock units. |
| 03/01/2024 | Date of signature by Attorney-in-Fact. |
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