Form 4: NXP Semiconductors Director Julie Southern Reports Stock Transactions
SEC Form 4
Julie Southern, a director at NXP Semiconductors, reported the acquisition and disposal of common stock and restricted stock units on May 29, 2024.
Summary
- On May 29, 2024, Julie Southern, a director of NXP Semiconductors N.V., engaged in transactions involving the company's stock.
- Southern acquired 1,211 shares of common stock through the vesting of restricted stock units.
- Simultaneously, Southern disposed of 600 shares of common stock at a price of $279.63 per share.
- Following these transactions, Southern directly owns 11,151 shares of NXP Semiconductors N.V.
- Southern also acquired 822 restricted stock units which vest 100% on the earlier of the first anniversary of the 5/29/2024 grant date and the date of the next annual general meeting of shareholders of NXP Semiconductors N.V. after the grant date.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by a company director, with no inherently positive or negative implications.
Industry Context
Form 4 filings are standard practice for company insiders to report their transactions in company stock, providing transparency to the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 11/07/2023 | Grant date of some Restricted Stock Units which vest 100% on the earlier of the first anniversary of the grant date and the date of the next annual general meeting of shareholders of NXP Semiconductors N.V. after the grant date. |
| 05/29/2024 | Date of stock transactions and grant date of some Restricted Stock Units which vest 100% on the earlier of the first anniversary of the grant date and the date of the next annual general meeting of shareholders of NXP Semiconductors N.V. after the grant date. |
| 05/31/2024 | Date of report filing. |
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