Form 4: Rogers Corp Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Lawrence Erwin Schmid, a Senior VP at Rogers Corp, sold 297 shares of common stock on January 30, 2025, to cover tax withholding requirements.
Summary
- On January 30, 2025, Lawrence Erwin Schmid, a Senior VP at Rogers Corp, disposed of 297 shares of Rogers Corp common stock.
- The shares were sold at a price of $93.89 per share.
- The transaction was executed to satisfy tax withholding requirements related to the vesting of time-based restricted stock units.
- Following the transaction, Schmid directly owns 5,606 shares of Rogers Corp stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction appears to be a standard sale to cover tax obligations, which is a common practice.
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
| Date | Description |
|---|---|
| 01/30/2025 | Date of stock sale transaction |
| 02/03/2025 | Date of signature on the Form 4 filing |
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