Form 4: Rogers Corp Corporate Controller & CAO Raymond Sean Reeder Reports Stock Transaction

Raymond Sean Reeder, Corporate Controller & CAO of Rogers Corp, reports disposition of 15 shares to cover tax obligations and acquisition of 15 shares through the employee stock purchase plan.

Summary

• On August 14, 2024, Raymond Sean Reeder, Corporate Controller & CAO of Rogers Corp, reported a transaction involving Rogers Corp's capital stock.
• 15 shares were disposed of to satisfy tax withholding requirements at a price of $103.46.
• Reeder also acquired 15 shares through the Issuer's Global Stock Ownership Plan for Employees for the six-month period ended June 30, 2024.
• Following the reported transaction, Reeder directly owns 650 shares of Rogers Corp stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to tax obligations and employee stock purchase plans, indicating standard corporate practices.

Positives

• Reeder's participation in the employee stock purchase plan indicates confidence in the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares.

Key Dates