Form 4: Owens & Minor SVP Jonathan A. Leon Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Jonathan A. Leon, SVP and Corporate Treasurer of Owens & Minor, Inc., disposed of 3,086 shares of common stock to cover tax obligations related to vesting restricted stock.
Summary
- On March 15, 2024, Jonathan A. Leon, SVP and Corporate Treasurer of Owens & Minor, Inc., disposed of 3,086 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock granted to Mr. Leon.
- The shares were disposed of at a price of $24.99 per share.
- Following the transaction, Mr. Leon beneficially owns 89,673 shares of Owens & Minor common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations, which is a common reason for share disposals.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Disposal of shares to cover tax obligations. |
| 03/18/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.