Form 4: JBT Corp Executive Jessi L Corcoran Reports Stock Disposal
SEC Form 4 Filing
Jessi L Corcoran, VP, Corporate Controller & CAO of John Bean Technologies Corp, reports disposing of 44 shares of common stock to cover tax obligations.
Summary
- On October 16, 2024, Jessi L Corcoran, VP, Corporate Controller & CAO of John Bean Technologies Corporation (JBT), disposed of 44 shares of common stock.
- The transaction was executed at a price of $98.41 per share.
- This disposal was related to tax obligations.
- Following the transaction, Corcoran directly owns 2,718 shares of JBT common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects a routine transaction related to tax obligations. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it involves a small number of shares and is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of stock disposal transaction |
| 10/17/2024 | Date of signature for the Form 4 filing |
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