Form 4: Olafur S. Gudmundsson Reports Acquisition of JBT Marel Corp Shares Through In-Kind Distribution
SEC Form 4 Filing
Director Olafur S. Gudmundsson reports acquiring 98,407 shares of JBT Marel Corp common stock indirectly through an in-kind distribution to Noruz ehf.
Summary
- Olafur S. Gudmundsson, a director of JBT Marel Corp, reported a transaction on March 27, 2025, where 98,407 shares of common stock were acquired.
- The shares were received by Noruz ehf in connection with a pro rata in-kind distribution from Eyrir Invest hf.
- Following the transaction, the total number of shares beneficially owned indirectly by Gudmundsson through Noruz ehf is 106,535.
- Gudmundsson disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership, indicating a neutral sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of transaction: Acquisition of shares through in-kind distribution. |
| 03/31/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, JBT Marel Corp, Gudmundsson, Director, Shares, Acquisition, In-Kind Distribution, Noruz ehf, Eyrir Invest hf
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.