Form 4: Morgan Stanley Executive Eric Grossman Reports Stock Transactions

Eric Grossman, Chief Legal/Admin Officer at Morgan Stanley, reported the acquisition of restricted stock units and the disposal of shares to cover taxes.

Summary

• Eric Grossman, Chief Legal/Admin Officer at Morgan Stanley, reported transactions involving the company's common stock.
• On January 17, 2025, Grossman acquired 43,947.33 restricted stock units, which convert to common stock on a 1:1 basis.
• Also on January 17, 2025, 22,714 shares were disposed of at a price of $135.81 per share to cover tax obligations related to the vesting of previously granted restricted stock units.
• Following these transactions, Grossman beneficially owns 223,552.874 shares of Morgan Stanley common stock.

Sentiment

Score: 7

Explanation: The document reflects routine executive stock transactions, which are neither positive nor negative for the company's overall performance. The sentiment is neutral to slightly positive as it reflects standard compensation practices.

Industry Context

This is a routine filing related to executive compensation and stock ownership, which is common in the financial services industry.

Comparison to Industry Standards

• Executive stock transactions are a standard practice in publicly traded companies, particularly in the financial sector.
• The vesting of restricted stock units and the subsequent sale of shares to cover taxes are common occurrences.
• Similar transactions are regularly reported by executives at other major financial institutions such as Goldman Sachs, JP Morgan Chase, and Bank of America.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are part of standard executive compensation practices.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Morgan Stanley, stock transaction, restricted stock units, insider trading, Form 4, executive compensation, equity securities