Form 4: NXP Semiconductors Executive Ronald Martino Reports Stock Transactions
SEC Form 4
EVP and Chief Sales Officer of NXP Semiconductors, Ronald Martino, reports the acquisition and disposal of common stock and restricted stock units.
Summary
- Ronald Martino, EVP and Chief Sales Officer of NXP Semiconductors N.V., filed a Form 4 detailing changes in beneficial ownership.
- On November 1, 2024, Martino exercised restricted stock units, acquiring 1,185 shares of common stock and disposing of 289 shares to cover tax obligations at a price of $234.5 per share.
- Following these transactions, Martino directly owns 18,807 shares of common stock and 1,187 restricted stock units.
- On November 2, 2024, Martino exercised restricted stock units, acquiring 678 shares of common stock and disposing of 166 shares to cover tax obligations at a price of $238.59 per share.
- Following these transactions, Martino directly owns 19,319 shares of common stock and 0 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 11/02/2021 | Grant date anniversary for restricted stock units vesting in three equal annual installments. |
| 11/01/2022 | Grant date anniversary for restricted stock units vesting in three equal annual installments. |
| 11/01/2024 | Transaction date: Exercise of restricted stock units and disposal of shares for tax obligations. |
| 11/02/2024 | Transaction date: Exercise of restricted stock units and disposal of shares for tax obligations. |
| 11/05/2024 | Date of signature for the Form 4 filing. |
| 11/01/2025 | Expiration date for restricted stock units. |
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