Form 4: Owens & Minor SVP, Corporate Controller, Michael Wayne Lowry, Reports Stock Transaction
SEC Form 4 Filing
Michael Wayne Lowry, SVP, Corporate Controller at Owens & Minor, Inc., reports disposition of shares to cover tax obligations related to vesting restricted stock.
Summary
- On May 15, 2024, Michael Wayne Lowry, SVP, Corporate Controller of Owens & Minor, Inc., disposed of 2,077 shares of common stock to satisfy tax withholding obligations.
- The shares were surrendered to the issuer at a price of $19.78 per share.
- Following the transaction, Lowry beneficially owns 77,145 shares of Owens & Minor, Inc.
Sentiment
Score: 5
Explanation: Neutral. This is a routine transaction related to tax obligations and doesn't indicate a significant change in the executive's holdings or confidence in the company.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vesting restricted stock, a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/16/2024 | Date of signature |
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