Form 4: Kewaunee Scientific Corp Director Margaret B. Pyle Gifts Shares to Grandchild
SEC Form 4 Filing
Director Margaret B. Pyle reported a gift of 450 shares of Kewaunee Scientific Corp common stock to a grandchild on May 17, 2024.
Summary
- On May 17, 2024, Margaret B. Pyle, a director of Kewaunee Scientific Corp, gifted 450 shares of common stock to one of her grandchildren.
- Following the transaction, Pyle directly owns 38,810 shares and indirectly owns 5,000 shares through her spouse.
- Pyle disclaims beneficial ownership of the shares held by her spouse and in trust.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine transaction (gift of shares). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being transferred as a gift.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the transaction where Margaret B. Pyle gifted 450 shares of common stock. |
| 05/24/2024 | Date of signature by Attorney-in-fact Donald T. Gardner III. |
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