Form 4: Rogers Corp Executive Jeff Tsao Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Rogers Corp's SVP, GM of AES, Jeff Tsao, disposed of 163 shares of common stock on February 19, 2025, to cover tax obligations arising from vesting of restricted stock units.
Summary
- On February 19, 2025, Jeff Tsao, SVP, GM of AES at Rogers Corp, disposed of 163 shares of Rogers Corp common stock.
- The transaction was executed to cover tax withholding requirements related to the vesting of time-based restricted stock units.
- The shares were sold at a price of $89.88 per share.
- Following the transaction, Tsao directly owns 6,938 shares of Rogers Corp stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction to cover tax obligations. It doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations on vested stock. Such filings are common and provide transparency into executive stock ownership.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction: Jeff Tsao disposed of 163 shares of Rogers Corp stock. |
| 02/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, ROG, Rogers Corp, Jeff Tsao, Insider Trading, Stock Sale, Tax Withholding, Restricted Stock Units
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