Form 4: RPM International Executive Exercises Stock Appreciation Rights and Disposes of Shares
SEC Form 4 Filing
Janeen B. Kastner, VP Corp. Benefits/Risk Mgmt. at RPM International, exercised stock appreciation rights and disposed of shares on May 13, 2024.
Summary
- On May 13, 2024, Janeen B. Kastner, VP Corp. Benefits/Risk Mgmt. at RPM International, exercised stock appreciation rights, acquiring 30,000 shares at $47.14.
- She also disposed of 12,424 shares at $113.83 and 6,269 shares at $113.83.
- Following these transactions, Kastner directly owns 120,029 shares and indirectly owns 1,083 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| October 9, 2014 | Date of Power of Attorney granted to Gregory J. Dziak. |
| July 20, 2016 | Stock Appreciation Rights vested. |
| July 20, 2017 | Stock Appreciation Rights vested. |
| July 20, 2018 | Stock Appreciation Rights vested. |
| July 20, 2019 | Stock Appreciation Rights vested. |
| May 13, 2024 | Date of transaction: exercise of stock appreciation rights and disposal of shares. |
| May 15, 2024 | Date of signature on the Form 4 filing. |
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