Form 4: Oil-Dri Corp Director Roeth George C Reports Gift and Sale of Common Stock
SEC Form 4 Filing
Director George C Roeth reports a gift of 2,000 shares and a sale of 1,500 shares of Oil-Dri Corp of America common stock on June 17, 2024.
Summary
- On June 17, 2024, George C Roeth, a director of Oil-Dri Corp of America, reported a transaction involving the company's common stock.
- Roeth gifted 2,000 shares of common stock to his Schwab Charitable Fund.
- Additionally, Roeth sold 1,500 shares of common stock at a price of $65 per share.
- Following these transactions, Roeth directly owns no shares and indirectly owns 4,000 shares through The Roeth Family Trust U/A DTD 01/15/2016.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine transactions (a gift and a sale) by a company director. There's no indication of positive or negative implications for the company's performance.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the actions of company directors and officers.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into the director's stock activity.
Key Dates
| Date | Description |
|---|---|
| 01/15/2016 | Date of The Roeth Family Trust U/A |
| 06/17/2024 | Date of stock gift and sale transactions |
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