Form 4: MRC Global Executive Kelly Youngblood Reports Stock Transaction
SEC Form 4 Filing
Kelly Youngblood, Executive Vice President and CFO of MRC Global, reports the disposal of 3,549 shares to cover tax obligations.
Summary
- On May 5, 2024, Kelly Youngblood, Executive Vice President and Chief Financial Officer of MRC Global Inc., disposed of 3,549 shares of common stock to satisfy tax withholding obligations.
- The shares were disposed of at a price of $11.51 per share.
- Following the transaction, Youngblood directly owns 363,431 shares of MRC Global Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions, which can be informative but don't necessarily indicate the company's overall performance or future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/05/2024 | Date of stock transaction: disposal of 3,549 shares. |
| 05/07/2024 | Date of signature on the Form 4 filing. |
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