Form 4: Steel Partners Holdings Officer Acquires and Disposes of Common Units
SEC Form 4
Gary Tankard, Chief Accounting Officer of Steel Partners Holdings, reports acquiring and disposing of common units on May 13, 2024.
Summary
- Gary Tankard, Chief Accounting Officer of Steel Partners Holdings L.P., filed a Form 4 on May 15, 2024.
- The report details changes in beneficial ownership of the company's securities.
- On May 13, 2024, Tankard acquired 1,805 common units at $0 and disposed of 3,297 common units.
- Following these transactions, Tankard directly owns 3,297 common units.
- The 1,805 restricted common units were granted pursuant to the Issuer's Second Amended and Restated 2018 Incentive Award Plan.
- These restricted common units vest on October 1, 2026, subject to the terms and conditions of the Incentive Award Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an officer's transactions in company stock. It doesn't inherently convey positive or negative sentiment.
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 executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: Acquisition and disposal of common units. |
| 05/15/2024 | Date of Form 4 filing. |
| 10/01/2026 | Vesting date for the restricted common units. |
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