4/A: MSA Safety Inc. Executive Corrects Stock Transaction Reporting
SEC Filing (Form 4/A Amendment)
Nishan J. Vartanian, CEO and Chairman of MSA Safety Inc., files an amended Form 4 to correct the number of shares withheld for tax purposes in a previous transaction.
Summary
- Nishan J. Vartanian, CEO and Chairman of MSA Safety Inc., filed an amended Form 4 with the SEC.
- The amendment corrects an error in the number of shares withheld for tax purposes that was initially reported on a Form 4 filed on March 12, 2024.
- The corrected filing shows that 15,416 shares of common stock were disposed of at a price of $185.92 on March 8, 2024, to cover tax obligations.
- Following the transaction, Vartanian directly owns 71,899 shares of MSA Safety Inc.
- The filing confirms Vartanian's roles as Director, Officer (CEO and Chairman), and potentially other unspecified roles within the company.
Sentiment
Score: 7
Explanation: The document is a routine correction of a regulatory filing, indicating standard corporate governance practices. It doesn't suggest any underlying issues or concerns, hence a neutral to slightly positive sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of the stock transaction where shares were disposed of for tax purposes. |
| 03/12/2024 | Date of the original Form 4 filing that contained an error. |
| 03/14/2024 | Date of the amended Form 4/A filing to correct the error. |
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