Form 4: JBT Marel Corp Executive Robert James Petrie Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Robert James Petrie, EVP & President of Meat/Prepared Food at JBT Marel Corp, reports acquisition and disposal of common stock on February 26 and 27, 2025.
Summary
- Robert James Petrie, an executive at JBT Marel Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
- On February 26, 2025, Petrie acquired 3,537 shares of common stock at $0 and disposed of 2,017 shares at $117.24.
- He also acquired 2,070 shares at $0 on the same day.
- On February 27, 2025, Petrie disposed of 429 shares at $131.35.
- Following these transactions, Petrie directly owns 9,180 shares of JBT Marel Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's investment activities in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Acquisition of 3,537 shares of common stock at $0 and disposal of 2,017 shares at $117.24; acquisition of 2,070 shares at $0. |
| 02/27/2025 | Disposal of 429 shares at $131.35. |
| 02/28/2025 | Date of signature by attorney-in-fact. |
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