ROG.NYSERogers CORP

Form 4: Rogers Corp Executive Reports Stock Transaction

Sentiment:

SEC Form 4 Filing

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

Summary

  • On February 13, 2025, Raymond Sean Reeder, the Corporate Controller & CAO of Rogers Corp, reported a transaction involving the company's stock.
  • 53 shares were disposed of to satisfy tax withholding requirements at a price of $89.16 per share.
  • Following the transaction, Reeder directly owns 1,249 shares of Rogers Corp stock.
  • This includes 17 shares acquired through the Issuer's Global Stock Ownership Plan for Employees between June 15, 2024 and December 15, 2024.

Sentiment

Score: 5

Explanation: The document reflects standard insider trading activity related to compensation and employee benefits, indicating a neutral sentiment.

Positives

  • Reeder's participation in the Global Stock Ownership Plan for Employees indicates confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard activity related to stock-based compensation and employee stock purchase plans.

Stakeholder Impact

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

Key Dates

DateDescription
December 15, 2024End date for the six-month period in which 17 shares were acquired under the Issuer's Global Stock Ownership Plan for Employees.
February 13, 2025Date of the reported stock transaction.
February 18, 2025Date of signature for the report.

Keywords

Form 4, Rogers Corp, Stock Transaction, Beneficial Ownership, Raymond Sean Reeder, ROG, Corporate Controller, CAO

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