Form 4: RPM International Executive Matthew Ratajczak Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Matthew Ratajczak, VP-Global Tax and Treasurer of RPM International, reports acquisition and disposal of common stock to cover tax obligations related to vested performance stock units.
Summary
- On July 18, 2024, Matthew Ratajczak, VP-Global Tax and Treasurer of RPM International, reported changes in beneficial ownership of the company's common stock.
- Ratajczak acquired 269 shares of common stock, 2,300 shares of common stock issued as Performance Earned Restricted Stock, and 2,070 shares of common stock as a result of vested Performance Stock Units.
- To cover tax obligations related to the vesting of Performance Stock Units, Ratajczak disposed of 618 shares at $114.26 on July 18, 2024, and 1,344 shares at $112.47 on July 21, 2024.
- Following these transactions, Ratajczak beneficially owns 25,791 shares of RPM International common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation and tax obligations.
Positives
- The acquisition of shares indicates continued alignment of the executive's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/04/2012 | Power of Attorney granted to Gregory J. Dziak |
| 07/18/2024 | Acquisition of 269 shares of common stock, 2,300 shares of common stock issued as Performance Earned Restricted Stock, and 2,070 shares of common stock as a result of vested Performance Stock Units; disposal of 618 shares at $114.26 to cover tax obligations. |
| 07/21/2024 | Disposal of 1,344 shares at $112.47 to cover tax obligations. |
| 07/22/2024 | Date of report submission. |
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