Form 4: Owens & Minor Director Bingham Reports Phantom Stock Transaction
SEC Form 4 Filing
Director Gwendolyn M. Bingham reports acquisition of phantom stock in Owens & Minor, Inc.
Summary
- On May 9, 2024, Gwendolyn M. Bingham, a director of Owens & Minor, Inc., reported a transaction involving phantom stock.
- Bingham acquired 11,154 shares of phantom stock.
- Following the transaction, Bingham beneficially owns 20,498 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, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of phantom stock transaction |
| 05/10/2024 | Date of signature by Power of Attorney |
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