Form 4: Rogers Corp CEO Randall Colin Gouveia Disposes of Shares to Cover Tax Obligations

Rogers Corp CEO Randall Colin Gouveia disposed of 1,996 shares of common stock on February 19, 2025, to satisfy tax withholding requirements related to vesting restricted stock units.

Summary

• On February 19, 2025, Randall Colin Gouveia, the President & CEO and a Director of Rogers Corporation, disposed of 1,996 shares of the company's common stock.
• The transaction was executed to cover tax withholding requirements associated with the vesting of time-based restricted stock units.
• The shares were disposed of at a price of $89.88 per share.
• Following the transaction, Gouveia directly owns 47,508 shares of Rogers Corporation's common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard tax-related stock disposal, which is a common occurrence.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine tax-related stock disposal.

Key Dates

Keywords

Form 4, Rogers Corp, ROG, Randall Colin Gouveia, Insider Trading, Stock Disposal, Tax Withholding, Restricted Stock Units