Form 4: MRC Global SVP Stephen B. Smith Reports Stock Transaction
SEC Form 4 Filing
Stephen B. Smith, SVP of International at MRC Global Inc., reports the disposition of 1,340 shares of common stock to cover tax obligations.
Summary
- On February 6, 2025, Stephen B. Smith, SVP International at MRC Global Inc., disposed of 1,340 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock.
- The price per share was $13.38.
- Following the transaction, Smith directly owns 50,447 shares of MRC Global Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of restricted stock.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock transaction (disposal of shares). |
| 02/10/2025 | Date of signature for the report. |
Keywords
Form 4, MRC Global, Stephen B. Smith, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock, SVP International
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