Form 4: NewMarket Corp Executive Bruce Hazelgrove Reports Stock Transactions
SEC Form 4 Filing
EVP & CAO of NewMarket Corp, Bruce Hazelgrove, reports acquisition and disposal of common stock related to performance-based restricted stock awards and tax obligations.
Summary
- On February 27, 2025, Bruce Hazelgrove, EVP & CAO of NewMarket Corp, reported transactions involving the company's common stock.
- He acquired 445 shares of common stock at $0 related to the settlement of performance-based restricted stock awards.
- 134 shares were disposed of at $563.12 to satisfy tax withholding obligations.
- Hazelgrove directly owns 669 shares and indirectly owns 21,827.3 shares through the NewMarket Savings Plan, and 670 shares held by his wife.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of performance-based restricted stock indicates that performance goals were met, which is a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates transactions related to compensation and tax obligations, which are common occurrences.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of stock acquisition and disposal related to performance stock and tax obligations. |
| 03/03/2025 | Date of report filing. |
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