Form 4: REV Group Director Cynthia Augustine Reports Stock Transactions
SEC Form 4 Filing
Director Cynthia Augustine of REV Group, Inc. reports acquiring 3,611 shares of common stock and disposing of 5,411 shares, with a net decrease in holdings.
Summary
- Cynthia Augustine, a director at REV Group, Inc., filed a Form 4 disclosing changes in her beneficial ownership of the company's stock.
- On December 5, 2024, Ms. Augustine acquired 3,611 shares of common stock at a price of $0.00, which were restricted stock units.
- She also disposed of 5,411 shares of common stock.
- Following these transactions, Ms. Augustine's total holdings decreased to 5,411 shares.
- The restricted stock units vest 100% on December 31, 2025, under the 2016 Omnibus Incentive Plan.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of stock transactions by a company director. It doesn't indicate any positive or negative sentiment about the company's performance.
Negatives
- The director disposed of 5,411 shares of common stock, resulting in a net decrease in her holdings.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
- The reporting requirements are consistent across all companies and are designed to ensure transparency in insider trading.
- Similar filings are made by directors and officers of other companies such as Winnebago Industries (WGO) and Thor Industries (THO), which are also in the recreational vehicle and specialty vehicle manufacturing sector.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the trading activity of a company director.
- The net decrease in holdings may be viewed neutrally by the market as it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 12/05/2024 | Date of stock acquisition and disposal by Cynthia Augustine. |
| 12/09/2024 | Date of signature on the Form 4 filing. |
| 12/31/2025 | Vesting date for the restricted stock units. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, REV Group, Director, Restricted Stock Units, Insider Trading
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