Form 4: StoneX Group Director Diane L. Cooper Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Diane L. Cooper reports acquisition of restricted shares of StoneX Group Inc. as part of annual compensation.
Summary
- On February 27, 2024, Diane L. Cooper, a director of StoneX Group Inc., reported changes in beneficial ownership of the company's stock.
- Cooper acquired 1,766 restricted shares of common stock through the company's Restricted Stock Plan as part of the annual compensation for non-executive directors.
- The acquisition price was $0 per share.
- Following the transaction, Cooper beneficially owns 14,469 restricted shares.
- The shares vest fully on the first anniversary of the grant date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider confidence.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
- The restricted stock plan aligns the interests of non-executive directors with those of shareholders.
Industry Context
This filing is a routine disclosure related to director compensation and is common among publicly traded companies.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| January 18, 2024 | Date of Proxy Statement disclosing the Restricted Stock Plan. |
| February 27, 2024 | Date of transaction: acquisition of restricted shares. |
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