Form 4: Rogers Corp Executive Webb Michael Reed Reports Stock Transaction
SEC Form 4 Filing
Rogers Corp's SVP & Chief Admin Officer, Michael Reed Webb, reports the disposal of 197 common stock shares to cover tax obligations.
Summary
- On April 11, 2025, Michael Reed Webb, SVP & Chief Admin Officer of Rogers Corp, disposed of 197 shares of common stock.
- The transaction was to cover tax withholding requirements on the vesting of time-based restricted stock units.
- The shares were disposed of at a price of $56.24 per share.
- Following the transaction, Webb directly owns 7,800 shares of Rogers Corp common stock.
- Webb has granted power of attorney to Jessica A. Morton, Jason C. Rogers, Sasha Glassman, and Sherri L. Collver for SEC filings related to Rogers Corporation securities.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being sold to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of Power of Attorney execution |
| 04/11/2025 | Date of stock transaction |
| 04/14/2025 | Date of signature on the report |
Keywords
Form 4, Rogers Corp, Michael Reed Webb, Stock Transaction, Beneficial Ownership, SEC Filing, Power of Attorney
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.