Form 4: Lincoln Electric EVP, CTO Kuhrt Michele R Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Michele R. Kuhrt, EVP and CTO of Lincoln Electric Holdings Inc., disposed of 333 common shares on February 14, 2025, to cover tax obligations.
Summary
- On February 14, 2025, Michele R. Kuhrt, the EVP and CTO of Lincoln Electric Holdings Inc. (LECO), disposed of 333 common shares.
- The transaction was executed to cover tax obligations.
- The price per share was $213.82.
- Following the transaction, Kuhrt directly owns 18,305.855 common shares and indirectly owns 374.91 shares through a 401(k).
- The report was filed on February 19, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the EVP and CTO in this case, engage in transactions involving the company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Disposal of 333 common shares. |
| 02/19/2025 | Date of report filing. |
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