Form 4: Owens & Minor Director Bingham Acquires Phantom Stock
SEC Form 4 Filing
Director Gwendolyn M. Bingham reports acquisition of phantom stock in Owens & Minor, Inc.
Summary
- Gwendolyn M. Bingham, a director at Owens & Minor, Inc., filed a Form 4 indicating a transaction involving phantom stock.
- On May 15, 2025, Bingham acquired 28,914 shares of phantom stock.
- Following the transaction, Bingham directly owns 49,412 shares of phantom stock.
- The phantom stock is convertible on a 1-for-1 basis into cash or common stock upon certain events, such as death, disability, termination of service, or a specified future delivery date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of phantom stock acquisition |
| 05/16/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, phantom stock, director, OMI, Owens & Minor, Bingham, acquisition
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