Form 4: Roper Technologies VP Acquires Stock Options
SEC Form 4 Filing
Brandon L. Cross, VP and Corporate Controller of Roper Technologies, acquired 1,414 employee stock options on March 12, 2024.
Summary
- On March 12, 2024, Brandon L. Cross, VP and Corporate Controller of Roper Technologies, acquired 1,414 employee stock options.
- The exercise price of these options is $555.20.
- The options vest in two tranches: 50% on March 12, 2026, and the remaining 50% on March 12, 2027.
- The options expire on March 12, 2034.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating a change in beneficial ownership of securities by a company insider. It's a common practice for executives to receive stock options as part of their compensation.
Stakeholder Impact
- The acquisition of stock options by a company executive can be seen as a positive sign by shareholders, as it aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: VP Brandon L. Cross acquired 1,414 employee stock options. |
| 03/12/2026 | 50% of the acquired stock options vest. |
| 03/12/2027 | Remaining 50% of the acquired stock options vest. |
| 03/12/2034 | Expiration date of the acquired stock options. |
| 03/14/2024 | Date of filing. |
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