Form 4: Masco Corp Director Donald R. Parfet Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Donald R. Parfet reported acquiring 2,490 shares of Masco Corp common stock and disposing of 8,344 shares through a trust.
Summary
- On May 10, 2024, Donald R. Parfet, a director of Masco Corporation, reported a transaction involving the company's common stock.
- Parfet acquired 2,490 shares of common stock at a price of $0.00.
- He also disposed of 8,344 shares held indirectly through a 2006 Trust.
- Following these transactions, Parfet directly owns 80 shares and indirectly owns 34,190 shares through the 2006 Trust and 80 shares through an Appointive Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These filings are monitored by investors to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Power of Attorney executed by Donald R. Parfet |
| 05/10/2024 | Date of stock transaction (acquisition and disposal) |
| 05/14/2024 | Date of signature by Power of Attorney |
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