Form 4: MRC Global Executive Reports Stock Transactions Following Vesting of Restricted Stock and Performance Share Units

Grant R. Bates, an SVP at MRC Global, reported the acquisition and disposal of common stock related to the vesting of restricted stock and settlement of performance share units.

Summary

• On February 7, 2025, Grant R. Bates, a Senior Vice President at MRC Global, reported transactions involving MRC Global Inc. common stock.
• Bates disposed of 7,614 shares at $12.79 to cover tax obligations from vesting restricted stock.
• He also acquired 34,822 shares upon the settlement of performance share units.
• An additional 15,539 shares were disposed of at $12.79 to cover tax obligations related to the performance share unit settlement.
• Bates' spouse disposed of 425 shares at $12.79 to cover tax obligations from vesting restricted stock.
• Following these transactions, Bates directly owns 118,948 shares and indirectly owns 7,588 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.

Key Dates

Keywords

Form 4, MRC Global, Stock Transactions, Beneficial Ownership, Grant R. Bates, Performance Share Units, Restricted Stock, Tax Withholding