MSM.NYSEMsc Industrial Direct CO INC

Form 4: MSC Industrial Direct Executive Exercises Options and Sells Shares

Sentiment:

SEC Form 4

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Kimberly Shacklett, SVP at MSC Industrial Direct, exercised stock options and sold shares on July 17, 2024.

Summary

  • On July 17, 2024, Kimberly Shacklett, SVP of Sales & Customer Success at MSC Industrial Direct Co., Inc., exercised options to purchase 4,885 shares of Class A Common Stock at a price of $79.60.
  • Simultaneously, Shacklett sold 4,885 shares of Class A Common Stock at a price of $84.596 per share.
  • Following these transactions, Shacklett directly owns 12,897 shares of Class A Common Stock.
  • Shacklett also holds options to purchase 0 shares of the Issuer's Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive exercising options and selling shares is a common occurrence and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Investors often monitor these filings to gauge executive sentiment and potential future stock performance.

Key Dates

DateDescription
October 20, 20181,221 shares of Common Stock became exercisable.
October 20, 20191,221 shares of Common Stock became exercisable.
October 20, 20201,221 shares of Common Stock became exercisable.
October 20, 20211,222 shares of Common Stock became exercisable.
07/17/2024Kimberly Shacklett exercised options and sold shares.
10/19/2024Expiration date of options.
07/18/2024Date of Form 4 filing.

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