Form 4: NL Industries Director Cecil H. Moore Jr. Acquires Shares Under Stock Plan
SEC Form 4 Filing
Director Cecil H. Moore Jr. acquired 2,850 shares of NL Industries Inc. common stock under the company's 2023 Non-Employee Director Stock Plan.
Summary
- On May 16, 2024, Cecil H. Moore Jr., a director of NL Industries Inc., acquired 2,850 shares of common stock.
- The acquisition was made under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan.
- The shares were issued for no cash consideration.
- Following the transaction, Moore directly owns 41,050 shares of NL Industries Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director increasing their stake in the company, which can be seen as a sign of confidence. However, it's a routine transaction under a pre-existing plan.
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 stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Cecil H. Moore Jr. acquired shares of NL Industries Inc. common stock. |
| 05/17/2024 | Date of signature: Jane R. Grimm, Attorney-in-fact, signed the Form 4 on behalf of Cecil H. Moore, Jr. |
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