Form 4: Lancaster Colony Corp Executive Carl R. Stealey Reports Stock Disposal
SEC Form 4 Filing
Carl R. Stealey, President-T Marzetti Retail at Lancaster Colony Corp, reported disposing of 254 shares of common stock on August 17, 2024, to cover tax obligations.
Summary
- On August 17, 2024, Carl R. Stealey, President-T Marzetti Retail at Lancaster Colony Corp, disposed of 254 shares of common stock.
- The transaction was executed at a price of $198.38 per share.
- Following the transaction, Stealey directly owns 6,228 shares of Lancaster Colony Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a relatively small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 08/17/2024 | Date of stock disposal transaction |
| 08/20/2024 | Date of signature on the report |
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