Form 4: Portland General Electric EVP, COO Benjamin Felton Sells Shares
SEC Filing
Benjamin Felton, EVP and COO of Portland General Electric, sold 1,886 shares of common stock at $48 per share on July 24, 2024.
Summary
- On July 24, 2024, Benjamin Felton, the EVP and COO of Portland General Electric, sold 1,886 shares of the company's common stock.
- The sale price was $48 per share.
- Following the transaction, Felton directly owns 30,142 shares of Portland General Electric common stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It is important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.
Stakeholder Impact
- The stock sale may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/24/2024 | Date of stock sale transaction |
| 07/25/2024 | Date of signature on the report |
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