Form 4: Morgan Stanley Director Erika H. James Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Erika H. James, a director at Morgan Stanley, reported the acquisition and disposal of common stock on June 1, 2024, according to a Form 4 filing with the SEC.
Summary
- On June 1, 2024, Erika H. James, a director of Morgan Stanley, engaged in transactions involving the company's common stock.
- James acquired 2,675.293 shares of common stock.
- James also disposed of 9,927.252 shares of common stock.
- Following these transactions, James directly owns 9,927.252 shares of Morgan Stanley common stock.
- The acquisition was related to Restricted Stock Units granted under the Morgan Stanley Directors' Equity Capital Accumulation Plan, which are convertible into common stock on a 1:1 basis.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of transaction involving Morgan Stanley common stock. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
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