Form 4: NewMarket Corp CFO Timothy Fitzgerald Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Timothy Fitzgerald, CFO of NewMarket Corp, reports the disposal of shares to cover tax obligations and an increase in shares held indirectly through the NewMarket Savings Plan.

Summary

  • Timothy K. Fitzgerald, the Vice President & CFO of NewMarket Corp, filed a Form 4 with the SEC on February 27, 2025.
  • The report details changes in his beneficial ownership of NewMarket Corp stock.
  • On February 25, 2025, 23 shares of common stock were disposed of to satisfy tax withholding obligations at a price of $562.73 per share.
  • The report also indicates an increase in shares held indirectly through the NewMarket Savings Plan, with an additional 326.27 shares.
  • Following these transactions, Fitzgerald directly owns 656 shares of common stock and indirectly owns shares through the NewMarket Savings Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing routine stock transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders, as they are related to tax obligations and routine savings plan activity.

Key Dates

DateDescription
02/25/2020Effective date of restricted stock grant related to tax withholding obligations.
02/25/2025Date of stock disposal for tax withholding and shares acquired through the NewMarket Savings Plan.
02/27/2025Date of Form 4 filing.

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