Form 4: MRC Global Executive Kelly Youngblood Reports Stock Transaction
SEC Form 4 Filing
Kelly Youngblood, an executive at MRC Global, reports a transaction involving the surrender of shares to cover tax obligations.
Summary
- On February 6, 2025, Kelly Youngblood, Executive Vice President and Chief Financial Officer of MRC Global Inc., reported a transaction involving common stock.
- Youngblood surrendered 7,902 shares of common stock to satisfy tax withholding obligations resulting from the vesting of restricted stock.
- The price per share was $13.38.
- Following the transaction, Youngblood directly owns 198,045 shares of MRC Global Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, which is common for executives who receive stock-based compensation. It indicates that the executive is managing their tax obligations related to their compensation.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock transaction (surrender of shares for tax obligations). |
| 02/10/2025 | Date of signature by power of attorney. |
Keywords
MRC Global, Kelly Youngblood, stock transaction, Form 4, insider trading, tax withholding, restricted stock, executive compensation
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