Form 4: New Fortress Energy Director John J. Mack Reports Share Transfer

Sentiment:

SEC Form 4 Filing


Director John J. Mack reports a transfer of 24,000 shares of New Fortress Energy Inc. Class A Common Stock from a grantor retained annuity trust, resulting in a total direct ownership of 1,375,013 shares.

Summary

  • On May 14, 2024, John J. Mack, a director of New Fortress Energy Inc., reported a transaction involving Class A Common Stock.
  • 24,000 shares were transferred to Mack from a grantor retained annuity trust at a price of $28.205 per share.
  • Following the transaction, Mack directly owns 1,375,013 shares of New Fortress Energy Inc. Class A Common Stock.
  • The reporting person believes that his transfer of shares from the trust constitutes only a change in form of indirect beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Management Comments

  • The reporting person believes that his transfer of shares from the trust constitutes only a change in form of indirect beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

Key Dates

DateDescription
05/14/2024Date of transaction: transfer of 24,000 shares of Class A Common Stock.
05/16/2024Date of report signature.

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