Form 4: JBT Executive VP & CFO Matthew J. Meister Reports Stock Disposals
SEC Form 4 Filing
Matthew J. Meister, Executive VP & CFO of John Bean Technologies Corporation (JBT), reported the disposal of common stock to cover tax obligations.
Summary
- On March 8, 2024, Matthew J. Meister, the Executive VP & CFO of John Bean Technologies Corporation (JBT), reported disposing of 692 shares of common stock at a price of $104.11.
- Additionally, Meister disposed of 747 shares of common stock, also at $104.11 on the same day.
- Following these transactions, Meister beneficially owns 11,767 shares of JBT common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction (stock disposal for tax purposes) by a company executive.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The stock disposal has a minimal impact on stakeholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposal transactions |
| 03/12/2024 | Date of signature on the report |
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