Form 4: Kronos Worldwide Director Loretta J. Feehan Acquires 1,550 Shares of Common Stock
SEC Form 4 Filing
Director Loretta J. Feehan acquired 1,550 shares of Kronos Worldwide Inc. common stock on May 15, 2024, under the company's 2012 Director Stock Plan.
Summary
- On May 15, 2024, Loretta J. Feehan, a director of Kronos Worldwide Inc., acquired 1,550 shares of common stock.
- The acquisition was made under the Kronos Worldwide, Inc. 2012 Director Stock Plan.
- The shares were issued for no cash consideration.
- Following the transaction, Feehan directly owns 18,450 shares of Kronos Worldwide Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The director's stock acquisition could be seen as slightly positive, indicating confidence, but it's a small amount.
Positives
- The acquisition of shares by a director signals confidence in the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the ownership positions of company directors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Loretta J. Feehan acquired 1,550 shares of Kronos Worldwide Inc. common stock. |
| 05/16/2024 | Date of signature: Jane R. Grimm, Attorney-in-fact, signed the document on behalf of Loretta J. Feehan. |
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