Form 4: Morgan Stanley Executive Chairman James Gorman Reports Stock Disposition

James Gorman, Executive Chairman of Morgan Stanley, reported the disposition of 9,700 shares of common stock on July 24, 2024.

Summary

• James Gorman, the Executive Chairman of Morgan Stanley, filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on July 24, 2024.
• Mr. Gorman disposed of 9,700 shares of Morgan Stanley common stock.
• The disposition was a gift, and the price per share was $0.
• Following the transaction, Mr. Gorman directly owns 406,351.438 shares of Morgan Stanley common stock.
• He also indirectly owns 150,000 shares through a Grantor Retained Annuity Trust and 2,008.032 shares through a 401(k) Plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in insider ownership.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates