Form 4: Rockwell Automation SVP Tessa M. Myers Reports Sale of Shares Under 10b5-1 Plan

Tessa M. Myers, SVP at Rockwell Automation, reported the sale of 528 shares of common stock at $253.78 per share on June 11, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On June 11, 2024, Tessa M. Myers, a Senior Vice President at Rockwell Automation, sold 528 shares of common stock.
• The sale was executed at a price of $253.78 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan established on February 29, 2024.
• Following the transaction, Myers directly owns 3,718 shares of Rockwell Automation common stock.
• Myers also indirectly owns shares through the Company Savings Plan, with the latest information provided by the Plan Administrator as of March 31, 2024, indicating 8.25 shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale under a pre-arranged plan, so it doesn't convey strong positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the pre-planned nature of the transaction.

Key Dates