Form 4: National Presto Industries Executive Douglas J. Frederick Reports Stock Transaction
SEC Form 4 Filing
Douglas J. Frederick, COO, VP, and Secretary of National Presto Industries, reports the disposition of 96 shares of common stock to cover tax obligations.
Summary
- On March 17, 2025, Douglas J. Frederick, a Director, Officer (COO, VP, and Secretary) of National Presto Industries Inc. [NPK], reported a transaction involving the company's common stock.
- Frederick disposed of 96 shares of common stock at a price of $89.01 per share to satisfy tax obligations.
- Following the transaction, Frederick directly owns 8,756 shares and indirectly owns 1,592 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock transaction |
| 03/18/2025 | Date of signature |
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