Form 4: Prestige Consumer Healthcare Executive Exercises and Sells Stock Options
SEC Form 4
Mary Beth Fritz, SVP Quality & Regulatory at Prestige Consumer Healthcare, exercised stock options and sold shares on March 1, 2024.
Summary
- On March 1, 2024, Mary Beth Fritz, SVP Quality & Regulatory at Prestige Consumer Healthcare Inc., exercised employee stock options to acquire 62 shares at $57.18 and 110 shares at $30.56.
- Simultaneously, Ms. Fritz sold 62 shares at a weighted average price of $70.43 (ranging from $70.00 to $70.43) and 110 shares at a weighted average price of $70.41 (ranging from $70.00 to $70.41).
- Following these transactions, Ms. Fritz directly owns 15,934 shares of Prestige Consumer Healthcare Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
- Companies like Church & Dwight and The Clorox Company also have executives who regularly file Form 4s related to stock options and share transactions.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The filing provides transparency to stakeholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock option exercise and sale transactions. |
| 03/05/2024 | Date of Form 4 filing. |
| 05/09/2017 | Vesting date of 1,817 shares of employee stock options. |
| 05/09/2018 | Vesting date of 1,818 shares of employee stock options. |
| 05/09/2019 | Vesting date of 1,818 shares of employee stock options. |
| 05/06/2020 | Vesting date of 2,540 shares of employee stock options. |
| 05/06/2021 | Vesting date of 2,541 shares of employee stock options. |
| 05/06/2022 | Vesting date of 2,541 shares of employee stock options. |
| 05/09/2026 | Expiration date of employee stock options. |
| 05/06/2029 | Expiration date of employee stock options. |
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