Form 4: Morgan Stanley Director Robert H. Herz Sells Shares
SEC Form 4 Filing
Robert H. Herz, a director at Morgan Stanley, sold shares of the company's common stock on July 17, 2024.
Summary
- On July 17, 2024, Robert H. Herz, a director at Morgan Stanley, sold 861 shares of common stock at a price of $106.62 per share.
- He also sold 139 shares of common stock at a price of $106.63 per share on the same day.
- Following these transactions, Herz directly owns 95,907.62 shares of Morgan Stanley common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting the sale of shares by a company director, which is a neutral event in itself.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 07/17/2024 | Date of the stock sale transactions |
| 07/19/2024 | Date of signature on the Form 4 filing |
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