Form 4: Rockwell Automation SVP Matthew Fordenwalt Reports Stock Transactions

Matthew Fordenwalt, SVP of Lifecycle Services at Rockwell Automation, reports the sale of common stock to cover taxes on vested restricted stock units, along with other transactions.

Summary

• On June 6, 2024, Matthew Fordenwalt exercised restricted stock units, acquiring 776 shares of Rockwell Automation common stock.
• Also on June 6, 2024, 776 shares were sold to cover taxes due on the restricted stock units that vested.
• On June 7, 2024, Mr. Fordenwalt sold 90 shares at a weighted average price of $255.7067 and 137 shares at a weighted average price of $256.7558.
• These sales were executed under a Rule 10b5-1 plan established on November 29, 2023.
• As of March 31, 2024, Mr. Fordenwalt also indirectly owns 56.33 shares through the Company Savings Plan.
• Following these transactions, Mr. Fordenwalt directly owns 2,123 shares of common stock and 776 restricted stock units, and indirectly owns 56.33 shares through the savings plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by an executive, which is a routine occurrence. The sales were planned and for tax purposes.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among executives of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.

Key Dates