Form 4: MRC Global CFO Kelly Youngblood Reports Stock Transactions Following Performance Share Unit Settlement
SEC Form 4 Filing
Kelly Youngblood, CFO of MRC Global, reports the acquisition and disposal of company stock related to the vesting and settlement of restricted stock and performance share units.
Summary
- On February 7, 2025, Kelly Youngblood, Executive Vice President and CFO of MRC Global Inc., engaged in transactions involving the company's common stock.
- Youngblood surrendered 17,808 shares to cover tax obligations related to the vesting of restricted stock at a price of $12.79 per share.
- Youngblood acquired 81,169 shares upon the settlement of performance share units.
- Additionally, 31,941 shares were surrendered to cover tax obligations related to the settlement of these performance share units, also at $12.79 per share.
- Following these transactions, Youngblood directly owns 229,465 shares of MRC Global Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily indicate a significant trend within the industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of stock transactions: surrender of shares for tax obligations and acquisition/surrender related to performance share units. |
| 02/11/2025 | Date of signature by power of attorney. |
Keywords
MRC Global, Kelly Youngblood, Form 4, Stock Transactions, Performance Share Units, Restricted Stock, CFO, Beneficial Ownership
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.