Form 4: Masco Corp Executive Kenneth G. Cole Reports Stock Disposal
SEC Form 4 Filing
Kenneth G. Cole, VP, General Counsel and Secretary of Masco Corp, reports disposing of 2,841 shares of common stock to cover tax obligations.
Summary
- On February 25, 2024, Kenneth G. Cole, VP, General Counsel and Secretary of Masco Corporation, disposed of 2,841 shares of common stock.
- The transaction was a disposal (D) of shares at a price of $74.94.
- Following the transaction, Cole directly owns 56,044 shares of Masco Corporation.
- The transaction was related to covering tax obligations.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock disposal, likely for tax purposes. It doesn't indicate a significant positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into insider transactions, allowing investors to monitor the buying and selling activities of company executives and directors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/25/2024 | Date of transaction: Disposal of common stock. |
| 02/27/2024 | Date of signature on the report. |
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