Form 4: Glatfelter Corp Director Kathleen Dahlberg Acquires Restricted Stock Units
SEC Form 4 Filing
Kathleen Dahlberg, a director at Glatfelter Corp, acquired 70,552 restricted stock units on May 10, 2024, which vest in full one year from the grant date.
Summary
- On May 10, 2024, Kathleen Dahlberg, a director of Glatfelter Corp, acquired 70,552 restricted stock units.
- These restricted stock units vest in full on May 10, 2025, one year from the grant date.
- The underlying security for these units is common stock of Glatfelter Corp, with a par value of $0.01.
- Following the transaction, Dahlberg directly owns 70,552 derivative securities.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock units being granted to a director, which is a common practice.
Positives
- The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The acquisition of restricted stock units by a director may have a slightly positive impact on shareholder sentiment, as it indicates confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of transaction: Kathleen Dahlberg acquired 70,552 restricted stock units. |
| 05/10/2025 | Vesting date: Restricted stock units vest in full one year from the grant date. |
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