Form 4: Morgan Stanley Co-President Daniel Simkowitz Reports Stock Transactions
SEC Form 4 Filing
Daniel Simkowitz, Co-President of Morgan Stanley, reports acquisition and disposal of common stock related to performance stock units.
Summary
- Daniel A. Simkowitz, Co-President of Morgan Stanley, filed a Form 4 detailing changes in beneficial ownership.
- On February 21, 2025, Simkowitz acquired 64,908 shares of Morgan Stanley common stock at $0 related to performance stock units (PSU Awards) granted on January 20, 2022.
- On the same day, 35,895 shares were disposed of at $134.34 to satisfy tax obligations upon conversion of the PSU Awards.
- Following these transactions, Simkowitz directly owns 454,866.557 shares of Morgan Stanley common stock and indirectly owns 1,759.384 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by SEC regulations.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| January 20, 2022 | Date of grant for Performance Stock Units (PSU Awards) |
| February 21, 2025 | Date of stock acquisition and disposal |
Keywords
Form 4, Beneficial Ownership, Morgan Stanley, Simkowitz, Stock Transaction, PSU Awards, Common Stock
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