Form 4: Morgan Stanley Executive Eric Grossman Reports Stock Transactions
SEC Form 4 Filing
Eric Grossman, Chief Legal/Admin Officer of Morgan Stanley, reports acquisition and disposal of common stock related to performance stock units.
Summary
- On February 21, 2025, Eric Grossman, Chief Legal/Admin Officer of Morgan Stanley, reported transactions involving Morgan Stanley common stock.
- Grossman acquired 44,410 shares of common stock at $0 related to the vesting of performance stock units (PSU Awards) granted on January 20, 2022, under the Morgan Stanley Long-Term Incentive Program.
- He also disposed of 22,673 shares at $134.34 to satisfy tax obligations upon the conversion of these PSU Awards.
- Following these transactions, Grossman beneficially owns 220,211.084 shares of Morgan Stanley common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. The acquisition of shares due to performance criteria being met is mildly positive, but the disposal for tax purposes is a standard procedure.
Positives
- The acquisition of shares indicates that Morgan Stanley achieved pre-established performance criteria, which is a positive signal.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely monitored by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| January 20, 2022 | Date of grant for performance stock units (PSU Awards) under the Morgan Stanley Long-Term Incentive Program. |
| February 21, 2025 | Date of stock acquisition and disposal by Eric Grossman. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.