Form 4: NewMarket Corp Controller Ann P. Pietrantoni Reports Acquisition of 30 Shares
SEC Form 4 Filing
Ann P. Pietrantoni, Controller of NewMarket Corp, reports acquiring 30 shares of common stock and an increase in shares due to periodic purchases by the NewMarket Savings Plan.
Summary
- On February 5, 2025, Ann P. Pietrantoni, Controller of NewMarket Corp, filed a Form 4.
- The report details the acquisition of 30 shares of common stock at $0.
- The report also mentions an increase of 63 shares due to periodic purchases by the NewMarket Savings Plan.
- These transactions are reported under Section 16(a) of the Securities Exchange Act of 1934.
- A grant of restricted stock was approved on February 5, 2025, effective March 5, 2025, vesting on the fifth anniversary if the reporting person is employed by the company.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing detailing stock transactions. There's no inherent positive or negative implication.
Positives
- The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The restricted stock will vest on the fifth anniversary of the Award Date, provided the reporting person is employed by the Company.
Industry Context
This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- Shareholders are informed about insider trading activities, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 02/05/2025 | Date of transaction and approval of restricted stock grant. |
| 03/05/2025 | Award Date of the restricted stock grant. |
| 02/07/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, NEU, NewMarket Corp, Pietrantoni, Insider Trading, Controller, Stock Acquisition
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