Form 4: Lincoln Electric Executive Gregory Doria Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Gregory Doria, SVP, PRES HARRIS AND ASIA PAC of Lincoln Electric Holdings Inc, disposed of 55 common shares on October 1, 2024, to cover tax obligations.
Summary
- Gregory Doria, a Senior Vice President at Lincoln Electric Holdings Inc, reported a transaction involving the disposal of company stock.
- The transaction occurred on October 1, 2024.
- Doria disposed of 55 common shares at a price of $189.69 per share.
- Following the transaction, Doria directly owns 3,388 common shares of Lincoln Electric Holdings Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction. The disposal of shares to cover tax obligations is a common practice.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This allows the public to see transactions by company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock disposal transaction |
| 10/03/2024 | Date of signature on the Form 4 filing |
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