Form 4: Rockwell Automation SVP Matheus De A G Viera Bulho Reports Stock Transactions
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
| Date | Description |
|---|---|
| March 14, 2024 | Date of Power of Attorney execution |
| March 31, 2024 | Date of Savings Plan information |
| June 06, 2023 | Start date of restricted stock units vesting |
| June 06, 2024 | Date of stock transactions and vesting of restricted stock units |
| June 07, 2024 | Date of signature by Attorney-In-Fact |
| June 06, 2025 | Expiration date of restricted stock units |
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