PBH.NYSEPrestige Consumer Healthcare INC

Form 4: Prestige Consumer Healthcare CEO Lombardi Reports Stock Disposals

Sentiment:

SEC Form 4 Filing

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CEO Ronald M. Lombardi of Prestige Consumer Healthcare Inc. reports the disposal of common stock to cover tax obligations.

Summary

  • Ronald M. Lombardi, CEO of Prestige Consumer Healthcare Inc., filed a Form 4 detailing changes in beneficial ownership.
  • The report indicates the disposal of common stock on May 2, 2024, and May 3, 2024, to satisfy tax obligations.
  • On May 2, 2024, 2,664 shares were disposed of at a price of $71.26.
  • An additional 2,416 shares were disposed of on May 2, 2024, at a price of $71.26.
  • On May 3, 2024, 3,000 shares were disposed of at a price of $70.
  • Following these transactions, Lombardi directly owns 262,477 shares of Prestige Consumer Healthcare Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports stock disposals, likely for tax purposes, which is a routine activity.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
05/02/2024Disposal of 2,664 shares of common stock at $71.26 per share.
05/02/2024Disposal of 2,416 shares of common stock at $71.26 per share.
05/03/2024Disposal of 3,000 shares of common stock at $70 per share.
05/06/2024Date of signature for the Form 4 filing.

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