Form 4: Roper Technologies Director Joyce Thomas Patrick JR Acquires 703 Shares of Common Stock
SEC Form 4
Director Joyce Thomas Patrick JR acquired 703 shares of Roper Technologies Inc. common stock on June 13, 2024, as part of a Director Compensation Plan.
Summary
- On June 13, 2024, Joyce Thomas Patrick JR, a director of Roper Technologies Inc., acquired 703 shares of common stock.
- The acquisition was part of the Director Compensation Plan.
- The shares were acquired at a price of $0.
- Following the transaction, the director directly owns 3,041 shares.
- The securities reported are restricted stock units granted to the reporting person pursuant to the Director Compensation Plan, and each restricted stock unit represents a contingent right to receive one share of Roper Technologies, Inc. common stock.
- The restricted stock units vest 50% on the 6-month anniversary of the grant date and 50% on the day prior to the 2025 Annual Meeting of Shareholders.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's prospects.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: acquisition of 703 shares of common stock. |
| 06/17/2024 | Date of signature of the form. |
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.