Form 4: Glatfelter Corp Director Darrel H. Hackett Acquires 70,552 Restricted Stock Units
SEC Form 4 Filing
Director Darrel H. Hackett of Glatfelter Corp reports acquisition of 70,552 restricted stock units on May 10, 2024, vesting fully on May 10, 2025.
Summary
- On May 10, 2024, Darrel H. Hackett, a director of Glatfelter Corp, acquired 70,552 restricted stock units.
- These restricted stock units vest in full one year from the grant date, on May 10, 2025.
- The reporting person directly owns 70,552 derivative securities following the reported transaction.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Future Outlook
The restricted stock units vest in full one year from the grant date.
Industry Context
This is a standard Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency into the transactions of company directors and officers.
Stakeholder Impact
- The acquisition of restricted stock units by a director may signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Darrel H. Hackett acquired 70,552 restricted stock units. |
| 05/10/2025 | Vesting date: The restricted stock units vest in full. |
| 05/13/2024 | Date of signature of the report. |
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