Form 4: A. O. Smith Director Michael M. Larsen Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Michael M. Larsen reports acquisition of restricted stock units in A. O. Smith Corporation through a nonqualified deferred compensation plan.
Summary
- On April 8, 2025, Michael M. Larsen, a director of A. O. Smith Corporation, acquired 2,468 restricted stock units (RSUs) as payment of a retainer under the company's Nonqualified Deferred Compensation Plan.
- The RSUs were priced at $60.78 each, based on the average of the high and low price of A. O. Smith's common stock on the transaction date.
- Larsen also received 145 units of Restricted Stock Units due to a quarterly dividend reinvestment feature of the A. O. Smith Nonqualified Deferred Compensation Plan.
- Following the reported transaction, Larsen beneficially owns 11,425 shares of common stock directly and 10,807 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of transaction: Acquisition of restricted stock units. |
| 04/09/2025 | Date of signature for the Form 4 filing. |
Keywords
A. O. Smith, Director, Michael M. Larsen, Restricted Stock Units, Nonqualified Deferred Compensation Plan, Form 4, Beneficial Ownership, Dividend Reinvestment
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