Form 4: Lancaster Colony Corp CEO David Ciesinski Executes Stock Transactions
SEC Form 4 Filing
David Alan Ciesinski, President and CEO of Lancaster Colony Corp, reports the acquisition and disposal of common stock and stock appreciation rights on February 29, 2024.
Summary
- On February 29, 2024, David Alan Ciesinski, the President and CEO of Lancaster Colony Corp, engaged in transactions involving the company's stock.
- Ciesinski acquired 39,416 shares of common stock at a price of $177.99.
- He also disposed of 2,499 shares at $206.92 to cover tax obligations.
- Additionally, he disposed of 33,906 shares at $206.92.
- Following these transactions, Ciesinski directly owns 62,501 shares of Lancaster Colony Corp.
- Ciesinski also exercised stock appreciation rights for 39,416 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common among corporate executives. These filings are monitored by investors to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may influence investor sentiment regarding the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/23/2028 | Expiration date of Stock Appreciation Right |
| 02/29/2024 | Date of stock transactions and exercise of stock appreciation rights |
| 03/01/2024 | Date of signature on the report |
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