Form 4: Rogers Corp CFO Ramakumar Mayampurath Reports Stock Disposal for Tax Obligations

Ramakumar Mayampurath, CFO of Rogers Corp, disposed of 80 shares of common stock on May 1, 2024, to cover tax withholding requirements related to vesting restricted stock units.

Summary

• On May 1, 2024, Ramakumar Mayampurath, the SVP, CFO, and Treasurer of Rogers Corp, disposed of 80 shares of Rogers Corp common stock.
• The transaction was executed to satisfy tax withholding requirements associated with the vesting of time-based restricted stock units.
• The shares were disposed of at a price of $118.62 per share.
• Following the transaction, Mayampurath directly owns 20,626 shares of Rogers Corp common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (tax obligation fulfillment) and doesn't inherently indicate positive or negative sentiment regarding the company's prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.

Key Dates