Form 4: MRC Global Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Shweta Kurvey-Mishra, SVP and Chief Human Resources Officer at MRC Global, disposed of shares to cover tax obligations related to vesting restricted stock.
Summary
- On February 7, 2025, Shweta Kurvey-Mishra, SVP and Chief Human Resources Officer at MRC Global Inc., disposed of 2,615 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $12.79 per share.
- Following the transaction, Kurvey-Mishra directly owns 29,081 shares of MRC Global Inc. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a standard transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, reflecting an executive's stock transaction to cover tax obligations, a common practice in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of transaction: Shweta Kurvey-Mishra disposed of shares. |
| 02/11/2025 | Date of signature: Ann D. Garnett signed on behalf of Shweta Kurvey-Mishra. |
Keywords
Form 4, MRC Global, Share Disposal, Tax Obligations, Insider Trading, Executive Compensation, Restricted Stock, Kurvey-Mishra, Officer
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.