Form 4: Oil-Dri Corp Executive Acquires 1,000 Shares of Restricted Stock
SEC Form 4 Filing
Jonathan E. Blake, Vice President and Controller of Oil-Dri Corp of America, acquired 1,000 shares of restricted stock on March 19, 2025, under the company's 2006 Long Term Incentive Plan.
Summary
- On March 19, 2025, Jonathan E. Blake, Vice President and Controller of Oil-Dri Corp of America, acquired 1,000 shares of common stock.
- The acquisition was made under the Oil-Dri Corporation of America 2006 Long Term Incentive Plan.
- The price of the stock was $48.6 per share.
- The restricted stock will vest in full on March 19, 2028.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction of restricted stock grant to an executive, which is a common practice.
Positives
- The acquisition of shares by a company officer demonstrates confidence in the company's future.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. They can provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The granting of restricted stock aligns the interests of the executive with those of the shareholders, potentially leading to increased shareholder value.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Jonathan E. Blake acquired 1,000 shares of restricted stock. |
| 03/19/2028 | Vesting date for the 1,000 shares of restricted stock. |
| 03/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Oil-Dri Corp, Jonathan E. Blake, restricted stock, Form 4, insider trading, executive compensation, Long Term Incentive Plan
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