Form 4: MRC Global Executive's Spouse Forfeits Shares Following Employment Termination
SEC Form 4 Filing
Grant R. Bates, an officer of MRC Global Inc., reports the forfeiture of 2,735 Restricted Stock Units by his spouse due to her termination of employment with the issuer.
Summary
- On April 9, 2025, Grant R. Bates, SVP North America Operations & E-Commerce at MRC Global Inc., reported a transaction involving his spouse.
- His spouse forfeited 2,735 Restricted Stock Units (RSUs) of MRC Global Inc. due to her termination of employment with the company.
- Following the transaction, Mr. Bates directly owns 6,085 shares of common stock and indirectly owns 136,373 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company executives and their related parties. It is a standard practice to ensure compliance with securities regulations.
Key Dates
| Date | Description |
|---|---|
| 04/09/2025 | Date of the transaction: spouse forfeited 2,735 Restricted Stock Units. |
| 04/11/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, MRC Global Inc., Grant R. Bates, Restricted Stock Units, Beneficial Ownership, Insider Trading
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