Form 4: Kronos Worldwide Director R. Gerald Turner Acquires Shares Under Director Stock Plan
SEC Form 4 Filing
Director R. Gerald Turner 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, R. Gerald Turner, 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, Turner directly owns 29,245.618 shares of Kronos Worldwide Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The director's acquisition could be seen as a slightly positive signal, but it's part of a pre-existing plan.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: R. Gerald Turner acquired shares of Kronos Worldwide Inc. |
| 05/16/2024 | Date of signature: Jane R. Grimm, Attorney-in-fact, signed the document on behalf of Dr. R. Gerald Turner. |
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.