Form 4: NewMarket Corp. Executive Thomas E. Gottwald Reports Share Transactions

Thomas E. Gottwald, Chairman, President & CEO of NewMarket Corp., reported the disposition of 2,350 common shares and details of his beneficial ownership, including shares held directly and indirectly through various trusts.

Summary

• Thomas E. Gottwald, Chairman, President & CEO of NewMarket Corp., filed a Form 4 disclosing changes in his beneficial ownership of the company's stock.
• The filing indicates that Mr. Gottwald disposed of 2,350 common shares on December 10, 2024.
• The filing also details Mr. Gottwald's beneficial ownership of 248,720 shares held directly.
• Additionally, the filing lists numerous indirect holdings through various trusts for his wife, grandchildren, and other beneficiaries, totaling 163,998.58 shares.
• The filing includes a power of attorney document, granting Anne-Marie M. Anderson and Bryce D. Jewett, III the authority to execute and file forms on his behalf.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate a positive or negative sentiment. It is a neutral disclosure of insider transactions.

Industry Context

This filing is a routine disclosure of insider transactions, which is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for all publicly traded companies in the United States, ensuring transparency of insider trading activities.
• The level of detail provided in this filing, including the breakdown of direct and indirect holdings, is consistent with SEC regulations and industry best practices.
• Similar filings are made by executives at companies like Albemarle Corporation (ALB) and Ashland Global Holdings Inc. (ASH), which are also in the specialty chemicals sector.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of the company's CEO.
• The information is relevant to investors who track insider transactions as part of their investment analysis.

Key Dates

Keywords

Form 4, Beneficial Ownership, Share Transactions, NewMarket Corp, Thomas E. Gottwald, SEC Filing, Power of Attorney, Insider Trading