Form 4: NewMarket Corp Director Gambill Acquires Shares in Annual Stock Grant
SEC Form 4 Filing
Director Mark M. Gambill acquired 193 shares of NewMarket Corp common stock on July 1, 2024, as part of an annual stock grant.
Summary
- On July 1, 2024, Mark M. Gambill, a director of NewMarket Corporation, acquired 193 shares of common stock.
- The acquisition was part of an annual stock grant to non-employee directors under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan.
- The price per share was $0.
- Following the transaction, Gambill's total holdings increased to 3,848 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction (stock grant) for a director, which is neither overwhelmingly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Director stock acquisitions are common in publicly traded companies as part of compensation packages and to align director interests with shareholder value.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2016-12-07 | Date of Power of Attorney execution, authorizing Anne-Marie M. Anderson and M. Rudolph West to act on behalf of Mark M. Gambill for SEC filings. |
| 2024-07-01 | Date of the transaction where Mark M. Gambill acquired 193 shares of NewMarket Corp common stock. |
| 2024-07-02 | Date of signature for the Form 4 filing by Anne-Marie Anderson under Power of Attorney. |
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