Form 4: MSA Safety Inc. CEO Nishan J. Vartanian Reports Stock Sales
SEC Form 4 Filing
Nishan J. Vartanian, CEO and Chairman of MSA Safety Inc., reported the sale of common stock on March 12, 2024.
Summary
- On March 12, 2024, Nishan J. Vartanian, the CEO and Chairman of MSA Safety Inc., sold shares of the company's common stock.
- The sales were executed in multiple transactions at varying prices.
- A total of 100 shares were sold at a weighted average price of $186.8762.
- An additional 1,964 shares were sold at a weighted average price of $185.1675.
- Finally, 2,035 shares were sold at a weighted average price of $186.2548.
- Following these transactions, Vartanian directly owns 67,800 shares of MSA Safety Inc.
- Vartanian also indirectly owns 1,190 shares through his wife.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity and provides insight into the actions of key executives at MSA Safety Inc.
Stakeholder Impact
- The stock sales could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of stock sale transactions |
| 03/14/2024 | Date of signature on the Form 4 filing |
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