Form 4: Rockwell Automation SVP Tessa M. Myers Reports Sale of Common Stock
SEC Form 4
Tessa M. Myers, SVP at Rockwell Automation, reported the sale of 1,231 shares of common stock at a price of $285.43 on February 28, 2025, according to a Form 4 filing.
Summary
- On February 28, 2025, Tessa M. Myers, a Senior Vice President at Rockwell Automation, sold 1,231 shares of common stock at a price of $285.43 per share.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan established on November 29, 2024.
- Following the transaction, Myers directly owns 3,650 shares of Rockwell Automation common stock.
- Myers also indirectly owns 8.3717 shares through the Company Savings Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale under a pre-arranged plan.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company insider may be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 11/29/2024 | Date of entry into Rule 10b5-1 plan. |
| 01/02/2025 | Date of information from Plan Administrator regarding Company Savings Plan shares. |
| 02/28/2025 | Date of stock sale transaction. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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