Form 4: Masco Corp Director Charles K. Stevens III Sells 3,150 Shares
SEC Form 4 Filing
Director Charles K. Stevens III of Masco Corp sold 3,150 shares of common stock at a price of $80.867 per share on November 6, 2024.
Summary
- On November 6, 2024, Charles K. Stevens III, a director of Masco Corp, sold 3,150 shares of the company's common stock.
- The transaction was executed at a price of $80.867 per share.
- Following the sale, Stevens directly owns 12,540 shares of Masco Corp.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the stock sale transaction |
| 11/07/2024 | Date of signature on the Form 4 filing |
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