Form 4: RPM International Director Livingston Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Director Robert Livingston disposed of 486 shares of RPM International stock on October 31, 2024, to cover tax obligations related to vested shares.
Summary
- On October 31, 2024, Robert Livingston, a director of RPM International Inc., disposed of 486 shares of common stock.
- The disposal was executed to satisfy tax obligations arising from the vesting of 1,800 shares of common stock issued under the company's 2014 Omnibus Equity and Incentive Plan.
- The transaction resulted in Livingston holding 17,073 shares of RPM International Inc. common stock following the reported transaction.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (stock disposal for tax purposes) and doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by a director to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/05/2017 | Date of Power of Attorney granted to Gregory J. Dziak. |
| 10/31/2024 | Date of stock disposal and vesting of shares. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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