Form 4: Owens & Minor CEO Pesicka Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Edward A. Pesicka, CEO of Owens & Minor, sold shares to cover tax obligations related to the vesting of restricted stock.
Summary
- On May 15, 2024, Edward A. Pesicka, the President and CEO of Owens & Minor, Inc., disposed of 45,604 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $19.78 per share.
- Following the transaction, Pesicka directly owns 754,066 shares of Owens & Minor common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of the company's performance or future prospects.
Industry Context
This is a routine transaction for executives who receive stock as part of their compensation. It is common for them to sell a portion of their shares to cover the associated tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Sale of shares to cover tax obligations. |
| 05/16/2024 | Date of signature by Rosemarie France POA. |
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