Form 4: Owens & Minor Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Daniel J. Starck, EVP at Owens & Minor, sold 9,446 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On May 15, 2024, Daniel J. Starck, an Executive Vice President at Owens & Minor, Inc., disposed of 9,446 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock.
- The shares were sold at a price of $19.78 per share.
- Following the transaction, Starck directly owns 95,612 shares of Owens & Minor common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction to cover tax obligations, with no indication of positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: Sale of shares to cover tax obligations. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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