Form 4: Johnson Controls Executive Anuruddha Rathninde Reports Stock Disposal
SEC Form 4 Filing
Anuruddha Rathninde, VP and President, APAC of Johnson Controls International plc, reported the disposal of 2,765 ordinary shares to cover tax obligations.
Summary
- Anuruddha Rathninde, a VP and President, APAC at Johnson Controls International plc, filed a Form 4 with the SEC.
- The report details a transaction on May 9, 2024, where 2,765 ordinary shares were disposed of at a price of $65.74.
- This disposal resulted in Rathninde holding 59,375.88 ordinary shares following the reported transaction.
- The shares were disposed of to cover tax obligations.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: Disposal of 2,765 ordinary shares. |
| 05/10/2024 | Date of signature on the report. |
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