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, disposed of 199 shares of common stock on February 23, 2024, to cover tax obligations.
Summary
- On February 23, 2024, Carl R. Stealey, President-T Marzetti Retail at Lancaster Colony Corp, disposed of 199 shares of common stock.
- The transaction was executed at a price of $199.81 per share.
- Following the transaction, Stealey directly owns 5,319 shares of Lancaster Colony Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by an executive. 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. This filing indicates a sale of shares by an executive, which could be for various reasons, including tax obligations or portfolio diversification.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock disposal transaction |
| 02/27/2024 | Date of Form 4 filing |
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