Form 4: Glatfelter Corp Director Darrel H. Hackett Reports Stock Transaction
SEC Form 4 Filing
Director Darrel H. Hackett reports the vesting and subsequent disposal of 23,000 Restricted Stock Units (RSUs) of Glatfelter Corp on May 8, 2024.
Summary
- On May 8, 2024, Darrel H. Hackett, a director of Glatfelter Corp, reported a transaction involving the vesting and disposal of 23,000 Restricted Stock Units (RSUs).
- The RSUs, granted on May 8, 2023, have fully vested, and all restrictions have lapsed.
- Following the transaction, Hackett directly owns 74,598 shares of Glatfelter Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a standard insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/08/2023 | Date of Director RSU Grant |
| 05/08/2024 | Date of RSU vesting and stock disposal |
| 05/09/2024 | Date of report filing |
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