Form 4: ManpowerGroup VP, Global Controller, Eric Rozek, Reports Stock Transactions
SEC Form 4
Eric Rozek, VP, Global Controller of ManpowerGroup Inc., reports the vesting and settlement of restricted stock units and associated tax withholding.
Summary
- On February 11, 2025, Eric Rozek, VP, Global Controller of ManpowerGroup Inc., had 455 restricted stock units vest, which were then settled for 455 shares of ManpowerGroup common stock.
- Rozek also disposed of 159 shares to cover tax withholding obligations at a price of $55.69 per share.
- Following these transactions, Rozek directly owns 647 shares of ManpowerGroup common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, reflecting standard executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units that vest over time.
- The tax withholding process is standard practice when stock units vest and shares are issued.
- Similar filings are made by executives at companies like Robert Half International and Korn Ferry to report changes in their stock ownership.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation practices.
- Employees may be interested in executive stock ownership as an indicator of alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| January 22, 2025 | Effective date of the Power of Attorney. |
| February 10, 2025 | Closing price on the New York Stock Exchange was $55.69. |
| February 11, 2025 | Restricted stock units vested and were settled in shares of ManpowerGroup common stock. |
| February 13, 2025 | Date of signature for the report. |
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