Form 4: NewMarket Corp Director Gottwald Transfers Shares to Grantor Retained Annuity Trust
SEC Form 4 Filing
Director Bruce C. Gottwald reports transferring 850,000 shares of NewMarket Corp common stock to a grantor retained annuity trust (GRAT).
Summary
- On April 22, 2025, Bruce C. Gottwald, a director and 10% owner of NewMarket Corp, reported a transaction involving the company's common stock.
- Gottwald contributed 850,000 shares to a grantor retained annuity trust (GRAT) on January 29, 2025.
- Following the transaction, Gottwald directly owns 63,141 shares and indirectly owns 868,731 shares through the 2025 GRAT and shares held by his wife.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of insider transactions and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| January 29, 2025 | Reporting person contributed 850,000 shares of common stock to a grantor retained annuity trust (the '2025 GRAT') |
| 04/22/2025 | Date of transaction: gift of 198 shares and transfer of 850,000 shares to GRAT |
| 04/24/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Grantor Retained Annuity Trust, NEU, NewMarket Corp, Gottwald, Director, Shares
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