Form 4: Rockwell Automation SVP Matheus De A G Viera Bulho Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Rockwell Automation's SVP of Software and Control, Matheus De A G Viera Bulho, reports the acquisition and disposal of common stock and restricted stock units.

Summary

  • On June 6, 2024, Matheus De A G Viera Bulho, SVP of Software and Control at Rockwell Automation, reported transactions involving the company's stock.
  • These transactions included the acquisition of 776 shares of common stock through the Company Savings Plan at a price of $0 and the disposal of 1,191 shares of common stock at $15.75.
  • Additionally, 776 restricted stock units were vested.
  • Following these transactions, Bulho directly owns 776 derivative securities and indirectly owns 1,191 shares through a savings plan.
  • Bulho has also granted a Power of Attorney to Rebecca W. House, Danielle White, and Benjamin Genzer to execute and file Forms 3, 4, 5, and 144 on his behalf.

Sentiment

Score: 5

Explanation: The document is neutral, reporting routine stock transactions and a power of attorney. It doesn't convey any strong positive or negative sentiment.

Positives

  • The acquisition of shares through the Company Savings Plan indicates participation in company benefits.

Negatives

  • The disposal of 1,191 shares at $15.75 could be interpreted negatively, although it's a relatively small amount.

Risks

  • There are no specific risks highlighted in this document, as it primarily reports stock transactions and a power of attorney.

Industry Context

This filing is a routine disclosure required by the SEC for officers of publicly traded companies, providing transparency into their stock transactions.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders at publicly traded companies like Rockwell Automation, similar to filings made by executives at companies like Siemens, ABB, and Schneider Electric.
  • The transactions reported are typical for executives participating in company stock plans and receiving restricted stock units, aligning with common compensation practices in the automation industry.

Stakeholder Impact

  • The reported transactions may have a minor impact on shareholders due to the change in beneficial ownership of the reporting person.

Key Dates

DateDescription
March 14, 2024Date of Power of Attorney execution
March 31, 2024Date of Savings Plan information
June 06, 2023Start date of restricted stock units vesting
June 06, 2024Date of stock transactions and vesting of restricted stock units
June 07, 2024Date of signature by Attorney-In-Fact
June 06, 2025Expiration date of restricted stock units

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.