Form 4: Proto Labs Inc. Executive Michael R. Kenison Reports Stock Transaction
SEC Form 4 Filing
Chief Operations Officer Michael R. Kenison reports a disposition of Proto Labs Inc. stock to cover tax obligations.
Summary
- Michael R. Kenison, Chief Operations Officer of Proto Labs Inc., filed a Form 4 on May 22, 2025, reporting a transaction.
- On May 20, 2025, Kenison disposed of 204 shares of Common Stock at a price of $40.87 per share to cover tax obligations.
- Following the transaction, Kenison directly owns 28,841 shares of Proto Labs Inc.
- Kenison also acquired 63 shares of Common Stock through the Employee Stock Purchase Plan on May 15, 2025.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Positives
- Kenison's participation in the Employee Stock Purchase Plan indicates confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Kenison purchased 63 shares through the Employee Stock Purchase Plan. |
| 05/20/2025 | Kenison disposed of 204 shares of Common Stock at $40.87 per share. |
| 05/22/2025 | Date of Form 4 filing. |
Keywords
Form 4, insider trading, stock transaction, Proto Labs Inc, PRLB, Kenison, Chief Operations Officer, stock disposal, Employee Stock Purchase Plan
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