Form 4: Mosaic Co Director Cheryl K. Beebe Reports Stock Transactions
SEC Form 4 Filing
Director Cheryl K. Beebe reports the vesting and conversion of restricted stock units into common stock and cash.
Summary
- Cheryl K. Beebe, a director of Mosaic Co, reported transactions involving restricted stock units.
- On June 6, 2024, 2,305 shares of common stock were acquired upon the vesting of restricted stock units.
- Ms. Beebe elected to receive 50% of the vested restricted stock units in cash and the balance in common stock.
- Additionally, 6,022 restricted stock units were granted, which will vest on the date of the issuer's 2025 Annual Meeting of Stockholders.
- Following the reported transactions, Ms. Beebe beneficially owns 41,243 shares of Mosaic Co common stock and 6,022 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, with no inherent positive or negative sentiment. It simply reflects the execution of pre-existing compensation plans.
Future Outlook
6,022 restricted stock units will vest and be paid to the reporting person on the date of the issuer's 2025 Annual Meeting of Stockholders.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the holdings and transactions of company directors.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of transaction: vesting of restricted stock units and acquisition of common stock. |
| 06/07/2024 | Date of signature on the report. |
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