Form 4: A. O. Smith SVP Samuel M. Carver Reports Stock Transactions
SEC Form 4 Filing
Samuel M. Carver, SVP Global Operations at A. O. Smith Corporation, reports the vesting and disposal of restricted stock units to cover tax obligations, as well as the acquisition of new restricted stock units.
Summary
- On February 7, 2025, Samuel M. Carver vested 1,335 restricted stock units (RSUs) which converted into common stock.
- 597 shares of common stock were disposed of at a price of $65.65 to satisfy tax withholding requirements.
- Following these transactions, Carver directly owns 1,938 shares of A. O. Smith common stock.
- On February 10, 2025, Carver was granted 3,015 restricted stock units which vest on February 10, 2028.
- After the reported transactions, Carver beneficially owns 7,965 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The reporting person will receive shares of common stock in the future as the restricted stock units vest.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/07/2022 | Restricted stock units were granted under the A. O. Smith Combined Incentive Compensation Plan. |
| 02/07/2025 | Vesting date of 1,335 restricted stock units, conversion to common stock, and disposal of 597 shares for tax obligations. |
| 02/10/2025 | Grant date of 3,015 restricted stock units under the A. O. Smith Combined Incentive Compensation Plan. |
| 02/10/2028 | Vesting date of 3,015 restricted stock units granted on 02/10/2025. |
| 02/11/2025 | Date of signature by James F. Stern, Attorney-in-Fact for Samuel M. Carver. |
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