Form 4: ManpowerGroup Director Michael J. Van Handel Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Michael J. Van Handel reports transactions involving ManpowerGroup common stock and deferred stock units.
Summary
- On January 1, 2025, Michael J. Van Handel, a director of ManpowerGroup Inc., reported changes in his beneficial ownership of the company's securities.
- These changes involve the settlement of deferred stock units into common stock, the receipt of deferred stock units in lieu of dividends, and an annual grant of deferred stock under the company's 2011 Equity Incentive Plan.
- Specifically, 2,013 shares of common stock were acquired through the settlement of deferred stock units, while the same number of shares were disposed of.
- Van Handel also received deferred stock units in lieu of dividends: 85 units based on an average trading price of $69.67, 93 units based on an average trading price of $69.67, and 100 units based on an average trading price of $69.67.
- Additionally, he received an annual grant of 3,119 deferred stock units under the 2011 Equity Incentive Plan, valued at $57.72 per unit.
- Following these transactions, Van Handel directly owns 18,508 shares of common stock and varying amounts of deferred stock units that will be settled into common stock in the future.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The deferred stock units will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on future dates, either on specified dates or upon termination of service as a director.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director compensation and stock ownership.
- The settlement of deferred stock units may have a minor impact on the company's outstanding share count.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of earliest transaction and settlement of deferred stock units. |
| 01/03/2025 | Date of signature for the report. |
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