Form 4: Reynolds Consumer Products VP, Controller & CAO Chris Mayrhofer Sells Shares
SEC Form 4 Filing
Chris Mayrhofer, VP, Controller & CAO of Reynolds Consumer Products Inc., sold 18,000 shares of common stock on September 13, 2024.
Summary
- Chris Mayrhofer, VP, Controller & CAO of Reynolds Consumer Products Inc., reported the sale of company stock.
- On September 13, 2024, Mayrhofer sold 5,000 shares at a weighted average price of $32.02 per share.
- Additionally, Mayrhofer sold 13,000 shares at a weighted average price of $32.00 per share.
- Following these transactions, Mayrhofer directly owns 7,579 shares of Reynolds Consumer Products Inc.
- Mayrhofer's spouse indirectly owns 0 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard Form 4 filing reporting stock sales. The sales themselves don't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of stock sale transactions |
| 09/16/2024 | Date of Form 4 signature |
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