Form 4: RPM International VP, Controller & CAO Michael Laroche Reports Sale of Common Stock
SEC Form 4 Filing
Michael J. Laroche, VP, Controller & CAO of RPM International Inc., reports the sale of 3,615 shares of common stock at a price of $127.1401 per share on October 31, 2024.
Summary
- On October 31, 2024, Michael J. Laroche, VP, Controller & CAO of RPM International Inc., sold 3,615 shares of common stock.
- The sale price was $127.1401 per share.
- Following the transaction, Laroche beneficially owns 11,596 shares of RPM International Inc.
- The reported holdings include shares issued pursuant to the RPM International Inc. 2014 Omnibus Equity and Incentive Plan and Performance Earned Restricted Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock sale by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company executives and their ownership positions.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 10/27/2021 | Date of Power of Attorney granted to Gregory J. Dziak. |
| 10/31/2024 | Date of the transaction: sale of common stock. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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