Form 4: NewMarket Corp Chairman Thomas Gottwald Sells 3,000 Shares

Thomas Gottwald, Chairman, President & CEO of NewMarket Corp, sold 3,000 shares of common stock at a weighted average price of $643.14 on March 5, 2024.

Summary

• On March 5, 2024, Thomas E. Gottwald, Chairman, President & CEO of NewMarket Corp [NEU], sold 3,000 shares of common stock.
• The sale was executed at a weighted average price of $643.14 per share.
• Following the transaction, Gottwald directly owns 153,785 shares.
• Gottwald also indirectly owns shares through his wife, as trustee for grandchildren, as co-trustee for Floyd D. Gottwald, as co-trustee for children, in 2021 GRAT #2, in 2022 GRAT, and in the NewMarket Savings Plan.
• The filing also includes a Power of Attorney, effective November 28, 2023, authorizing Anne-Marie M. Anderson and Bryce D. Jewett, III to execute and file Forms 3, 4, and 5 on Gottwald's behalf.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sale by an executive. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies.

Stakeholder Impact

• The sale of shares by a high-ranking executive could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates