Form 4: NL Industries Director Receives Stock Grant
Statement of Changes in Beneficial Ownership
NL Industries Director R. Gerald Turner received a stock grant under the company's 2023 Non-Employee Director Stock Plan.
Summary
- R. Gerald Turner, a Director at NL Industries Inc., received 6,000 shares of common stock on May 14, 2026.
- These shares were issued under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan for no cash consideration.
- The transaction code indicates the acquisition of securities.
- Following this transaction, Dr. Turner beneficially owns 9,739 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a standard disclosure of director compensation and does not inherently signal positive or negative performance.
Positives
- Director compensation in the form of stock aligns management interests with shareholders.
- The issuance of stock under a plan suggests a structured approach to director compensation.
Future Outlook
No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into ownership changes by company directors and officers. This specific filing indicates a routine stock grant to a director under an existing compensation plan.
Stakeholder Impact
- Shareholders: The stock grant aligns director interests with those of shareholders by increasing their equity stake in the company.
Key Dates
| Date | Description |
|---|---|
| 05/14/2026 | Transaction Date for stock acquisition. |
| 05/15/2026 | Date of signature for the filing. |
Keywords
NL Industries, Form 4, Director Stock Plan, Common Stock, Beneficial Ownership, SEC Filing, R. Gerald Turner
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