Form 4: Morgan Stanley Executive Daniel Simkowitz Reports Stock Gift
SEC Form 4 Filing
Daniel Simkowitz, Co-President of Morgan Stanley, reported gifting 20,000 shares of common stock.
Summary
- On May 14, 2024, Daniel A. Simkowitz, Co-President of Morgan Stanley, reported a transaction involving Morgan Stanley common stock.
- Simkowitz gifted 20,000 shares of common stock.
- Following the transaction, Simkowitz directly owns 479,692.069 shares of Morgan Stanley common stock.
- He also indirectly owns 1,707.994 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of stock gift transaction |
| 05/16/2024 | Date of signature on the report |
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