Form 4: Mr. Cooper Group CEO Jesse K. Bray Donates Shares to Charity
SEC Filing Form 4
Mr. Cooper Group CEO Jesse K. Bray gifted 5,520 shares of common stock to a charitable organization on October 28, 2024.
Summary
- On October 28, 2024, Jesse K. Bray, the CEO of Mr. Cooper Group Inc., donated 5,520 shares of the company's common stock to a charitable organization.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the transaction, Mr. Bray directly owns 251,291 shares and indirectly owns 848,821 shares through The Jesse K. Bray Living Trust.
Sentiment
Score: 6
Explanation: The document itself is neutral, simply reporting a transaction. The charitable donation is a positive action, but the overall impact on the company is minimal.
Positives
- The donation of shares to a charitable organization can be viewed positively from a corporate social responsibility perspective.
Industry Context
Executives donating shares to charity is a common practice.
Stakeholder Impact
- The donation may have a minor positive impact on the company's reputation.
Key Dates
| Date | Description |
|---|---|
| 10/28/2024 | Date of the transaction (gift of shares to a charitable organization). |
| 10/30/2024 | Date of signature on the Form 4 filing. |
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