Form 4: Glatfelter Corp Director Kathleen Dahlberg Reports Stock Transaction
SEC Form 4 Filing
Director Kathleen Dahlberg reports the vesting and lapse of restrictions on 23,000 Restricted Stock Units (RSUs) of Glatfelter Corp on May 8, 2024.
Summary
- Kathleen Dahlberg, a director of Glatfelter Corp, reported a transaction involving the vesting of 23,000 Restricted Stock Units (RSUs) on May 8, 2024.
- The RSUs, granted on May 8, 2023, have now fully vested, and all restrictions have lapsed.
- Following the transaction, Dahlberg directly owns 128,719 shares of Glatfelter Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction itself is neither particularly positive nor negative.
Positives
- The vesting of RSUs indicates that performance metrics or time-based conditions have been met.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/08/2023 | Director RSU Grant date |
| 05/08/2024 | RSUs vested and restrictions lapsed |
| 05/09/2024 | Date of report filing |
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