Form 4: NewMarket Corp Director H. Hiter Harris III Acquires Shares in Annual Stock Grant
SEC Form 4 Filing
Director H. Hiter Harris III acquired 193 shares of NewMarket Corp common stock on July 1, 2024, as part of an annual stock grant.
Summary
- On July 1, 2024, H. Hiter Harris III, 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, Harris directly owns 1,938 shares of NewMarket Corp common stock.
- A Power of Attorney is in place, authorizing Anne-Marie M. Anderson and Bryce D. Jewett, III to execute forms on behalf of H. Hiter Harris.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider confidence.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
This is a routine filing related to director compensation and is common practice for publicly traded companies.
Stakeholder Impact
- The stock grant aligns director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 2023-11-17 | Date of Power of Attorney execution. |
| 2024-07-01 | Date of stock acquisition. |
| 2024-07-02 | Date of Form 4 signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.