Form 4: Nacco Industries SVP Finance and Treasurer Thomas A. Maxwell Reports Sale of Class A Common Stock
SEC Form 4 Filing
Thomas A. Maxwell, SVP Finance and Treasurer of Nacco Industries, reports the sale of 866 shares of Class A Common Stock at $29.64 per share on March 13, 2024.
Summary
- On March 13, 2024, Thomas A. Maxwell, the SVP Finance and Treasurer of Nacco Industries, sold 866 shares of Class A Common Stock.
- The sale price was $29.64 per share.
- Following the transaction, Maxwell directly owns 8,834 shares of Nacco Industries Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| January 18, 2020 | Date of Power of Attorney grant. |
| 03/13/2024 | Date of transaction: Sale of Class A Common Stock. |
| 03/15/2024 | Date of signature on the report. |
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