Form 4: Rogers Corp CEO Sells Shares to Cover Tax Obligations

Rogers Corporation's CEO, Randall Colin Gouveia, disposed of 1,713 shares of common stock on February 9, 2025, to cover tax withholding requirements related to vesting restricted stock units.

Summary

• On February 9, 2025, Randall Colin Gouveia, the President & CEO and a Director of Rogers Corporation, disposed of 1,713 shares of the company's common stock.
• The transaction was executed to satisfy tax withholding requirements associated with the vesting of time-based restricted stock units.
• The shares were sold at a price of $88.01 per share.
• Following the transaction, Gouveia directly owns 30,137 shares of Rogers Corporation's common stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (selling shares to cover taxes). It doesn't indicate any significant positive or negative sentiment.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. They can be driven by various factors, including personal financial planning, diversification, and tax obligations. It's important to consider the context of the transaction, such as the executive's overall holdings and the company's performance, when interpreting the significance of the sale.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

Keywords

Form 4, Rogers Corporation, Randall Colin Gouveia, CEO, Stock Sale, Tax Withholding, Restricted Stock Units, ROG