Form 4: MSA Safety Inc. Director William M. Lambert Reports Share Transactions

Director William M. Lambert of MSA Safety Inc. reported a gift of 2,200 shares and changes in beneficial ownership of common stock through his wife and a GRAT.

Summary

• William M. Lambert, a director at MSA Safety Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On November 15, 2024, Lambert gifted 2,200 shares of common stock.
• Following the transaction, Lambert directly owns 43,452 shares of common stock.
• Lambert also has indirect ownership of 15,150 shares through his wife and 38,600 shares through a GRAT (Grantor Retained Annuity Trust) held by his wife.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral disclosure of transactions.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders who have transacted in their company's stock. It is a common practice for directors and officers to manage their holdings through various means, including gifts and trusts.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US.
• The transactions reported are typical for corporate insiders managing their personal investments and estate planning.
• The use of GRATs is a common strategy for transferring assets while minimizing tax implications.

Stakeholder Impact

• The transactions reported in the Form 4 have a minimal impact on stakeholders as they are personal transactions of a director.

Key Dates

Keywords

Form 4, Beneficial Ownership, MSA Safety Inc., Director, Stock Transaction, William M. Lambert, Grat, Share Gift