Form 4: RPM International Director Bruce A. Carbonari Reports Stock Transaction
SEC Form 4 Filing
Bruce A. Carbonari, a director at RPM International, reported a transaction involving the disposal of 396 shares to cover tax obligations after 1,800 shares vested.
Summary
- On October 31, 2024, Bruce A. Carbonari, a director of RPM International Inc., reported a transaction on Form 4.
- The transaction involved the vesting of 1,800 shares of Common Stock issued under the RPM International Inc. 2014 Omnibus Equity and Incentive Plan.
- To satisfy tax obligations, Carbonari disposed of 396 shares back to the issuer at a price of $127.11 per share.
- Following the transaction, Carbonari directly owns 7,019.32 shares of Common Stock.
- Carbonari also indirectly owns 22,519 shares through the Bruce A. Carbonari Irrevocable Trust and 13,987 shares through the Carbonari Family Foundation.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/11/2007 | Date of Power of Attorney on file with the Commission |
| 10/31/2024 | Date of stock transaction (vesting and disposal of shares) |
| 11/04/2024 | Date of signature on the Form 4 filing |
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