Form 4: MSA Safety Inc. CEO Nishan J. Vartanian Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Nishan J. Vartanian, CEO and Chairman of MSA Safety Inc., reports acquisition and disposal of common stock, resulting in adjusted beneficial ownership.
Summary
- On March 8, 2024, Nishan J. Vartanian, CEO and Chairman of MSA Safety Inc., reported changes in his beneficial ownership of the company's common stock.
- Vartanian acquired 35,446 shares of common stock at a price of $0.00, increasing his direct holdings.
- He also disposed of 14,609 shares of common stock at a price of $185.92 per share.
- Following these transactions, Vartanian directly owns 72,706 shares of MSA Safety Inc. common stock.
- Additionally, he indirectly owns 1,190 shares through his wife.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing detailing changes in beneficial ownership. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about insider transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the CEO's trading activity as an indicator of his confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of the reported transactions (acquisition and disposal of common stock). |
| 03/12/2024 | Date of signature by Richard W. Roda, Attorney in Fact. |
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