Form 4: Rogers Corp Interim CFO Laura Russell Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Laura Russell, Interim CFO of Rogers Corporation, disposed of 31 shares of common stock on September 5, 2024, to cover tax withholding requirements.
Summary
- On September 5, 2024, Laura Russell, the Interim CFO of Rogers Corporation, reported a transaction involving the disposal of 31 shares of Rogers Corporation's common stock.
- The transaction was executed to satisfy tax withholding requirements related to the vesting of time-based restricted stock units.
- The shares were disposed of at a price of $102.71 per share.
- Following the transaction, Russell directly owns 1,021 shares of Rogers Corporation's common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to tax obligations, which is neutral in sentiment. The insider still holds a significant number of shares, indicating continued alignment with the company's performance.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of stock disposal transaction |
| 09/06/2024 | Date of signature on the report |
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