Form 4: NewMarket CEO Gifts Shares, Increases Savings Plan Holdings

Sentiment:

Statement of Changes in Beneficial Ownership


NewMarket Corp's Chairman, President & CEO, Thomas E. Gottwald, reported a gift of 315 common shares and an increase in shares held through the NewMarket Savings Plan.

Summary

  • Thomas E. Gottwald, Chairman, President & CEO of NewMarket Corp (NEU), reported changes in his beneficial ownership of common stock.
  • On August 25, 2025, Mr. Gottwald disposed of 315 shares of common stock through a gift (transaction code 'G') at a price of $0.
  • Following this transaction, Mr. Gottwald directly owns 20,612 shares of common stock.
  • Indirect holdings include shares held as trustee for 13 grandchildren (totaling 12,923 shares), shares in the NewMarket Savings Plan (39,593.43 shares), shares held by his wife (5,087 shares), shares held as co-trustee for various beneficiaries (53,296 shares), and shares in two GRATs (2022 GRAT with 63,607 shares and 2025 GRAT with 225,000 shares).
  • The increase in shares within the NewMarket Savings Plan is attributed to periodic purchases by the Plan Trustee.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While there was a disposition of shares, it was a gift (transaction code 'G') at a $0 price, which is less concerning than a sale for cash. Additionally, the increase in shares through the NewMarket Savings Plan indicates continued investment by the insider through an employee benefit scheme.

Positives

  • The reporting person's indirect beneficial ownership through the NewMarket Savings Plan increased by an unspecified amount due to periodic purchases by the Plan Trustee, indicating continued investment in the company through an employee benefit plan.

Negatives

  • Thomas E. Gottwald disposed of 315 shares of common stock, which, while a gift, represents a reduction in his direct ownership.

Industry Context

This filing is a routine disclosure of insider trading activity, specifically a gift of shares and an increase in holdings through a savings plan. It does not provide information directly related to broader industry trends or competitive positioning, but rather reflects an individual executive's personal share management.

Stakeholder Impact

  • Shareholders: The gift of shares by the CEO is a minor change in direct ownership and is unlikely to significantly impact the company's valuation or investor sentiment. The increase in savings plan holdings shows continued alignment of management interests with shareholders.
  • Employees: The mention of the NewMarket Savings Plan highlights an existing employee benefit, which can be a positive for employee retention and engagement.

Key Dates

DateDescription
08/25/2025Date of transaction where 315 shares of common stock were disposed of by gift.
09/03/2025Date the Statement of Changes in Beneficial Ownership (Form 4) was signed.

Keywords

NewMarket Corp, NEU, Thomas E. Gottwald, Insider Transaction, Form 4, Beneficial Ownership, Common Stock, CEO, Gift

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