Form 4: Mosaic Co Executive Walter F. Precourt III Reports Stock Transactions
SEC Form 4 Filing
Walter F. Precourt III, SVP Chief Admin Officer of Mosaic Co, reports the acquisition and disposition of common stock, including transactions related to a grantor retained annuity trust.
Summary
- On August 13, 2024, Walter F. Precourt III, SVP Chief Admin Officer of Mosaic Co, filed a Form 4 detailing changes in beneficial ownership.
- The reporting person indirectly held 20,762 shares of MOS common stock in a grantor retained annuity trust (2022 GRAT).
- These shares were distributed from the 2022 GRAT to Precourt in satisfaction of an annuity.
- Precourt also sold a total of 25,738 shares of common stock at prices ranging from $27.95 to $28.005.
- Following these transactions, Precourt directly owns 136,682 shares of Mosaic Co.
- Precourt also owns stock options exercisable at $50.43 for 11,192 shares and various restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine filing of stock transactions, with no inherent positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence and are often monitored by investors for insights into a company's prospects. These transactions can be influenced by various factors, including personal financial planning and diversification strategies.
Key Dates
| Date | Description |
|---|---|
| 08/01/2022 | Date of 2022 GRAT |
| 03/05/2025 | Expiration date of stock options |
| 03/03/2025 | Expiration date of Restricted Stock Units |
| 03/09/2026 | Expiration date of Restricted Stock Units |
| 03/05/2027 | Expiration date of Restricted Stock Units |
| 08/13/2024 | Date of stock transactions and GRAT distribution |
| 08/14/2024 | Date of Form 4 filing |
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