AOS.NYSESmith A O CORP

4/A: A. O. Smith Executive Parag Kulkarni Reports Changes in Beneficial Ownership

Sentiment:

Ownership Disclosure

📋All filings for Smith A O CORP
🔒Login to Follow

Parag Kulkarni, SVP Int'l; President India at A. O. Smith Corp, reports the vesting and deferral of restricted stock units.

Summary

  • Parag Kulkarni, an officer of A. O. Smith Corp, filed an amendment to a previous Form 4.
  • The report details changes in his beneficial ownership of securities.
  • On February 8, 2024, 545 restricted stock units (RSUs) vested and were settled in cash.
  • Kulkarni has deferred the receipt of the cash from these vested RSUs.
  • These RSUs were granted on February 8, 2021, under the A. O. Smith Combined Incentive Compensation Plan.
  • Kulkarni also beneficially owns 3,700 restricted stock units that have not yet vested.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding stock ownership, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

  • The vesting and deferral of RSUs impacts Kulkarni's personal holdings and deferred compensation.

Key Dates

DateDescription
02/08/2021Restricted stock units were granted under the A. O. Smith Combined Incentive Compensation Plan.
02/08/2024Restricted stock units vested and were settled in cash; receipt of cash deferred.
02/09/2024Date of original filing.
02/10/2025Date of signature on the report.

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, A. O. Smith, Kulkarni, Vesting, Deferral

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.