Form 4: JBT Corp Executive VP Robert James Petrie Reports Stock Disposals
SEC Form 4 Filing
Robert James Petrie, EVP & President of Protein at John Bean Technologies CORP (JBT), reported the disposal of common stock to cover tax obligations.
Summary
- On March 8, 2024, Robert James Petrie, EVP & President, Protein at John Bean Technologies CORP [JBT], reported disposing of 243 shares of common stock at a price of $104.11.
- Petrie also disposed of 263 shares of common stock at a price of $104.11 on the same day.
- Following these transactions, Petrie beneficially owns 7,382 shares of JBT common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals, likely for tax purposes, which is a routine activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the buying and selling activities of company executives and directors.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposal transactions |
| 03/12/2024 | Date of signature for the report |
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