Form 4: Oil-Dri Corp of America Executive Wade Robey Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Walter Wade Robey, VP and President of Amlan at Oil-Dri Corp of America, reports disposing of 693 shares of common stock to cover tax liabilities.
Summary
- On January 21, 2025, Walter Wade Robey, an officer at Oil-Dri Corp of America, disposed of 693 shares of common stock.
- The transaction was executed at a price of $43.71 per share.
- The disposal was to cover tax liability related to the vesting of restricted stock.
- Following the transaction, Robey directly owns 24,025 shares of Oil-Dri Corp of America common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding an insider transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction related to tax obligations from vesting restricted stock, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/21/2025 | Date of stock disposal transaction. |
| 01/23/2025 | Date of signature on the report. |
Keywords
Oil-Dri Corp of America, ODC, Walter Wade Robey, Stock Disposal, Form 4, Tax Liability, Insider Transaction, Amlan
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