Form 4: StoneX Group Inc.: Retired Officer Xuong Nguyen Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Retired StoneX Group Inc. officer Xuong Nguyen reports the disposition of shares and stock options following retirement.
Summary
- On July 15, 2024, Xuong Nguyen, a retired officer of StoneX Group Inc., reported changes in beneficial ownership.
- Nguyen disposed of 8,091 shares of common stock at $80 per share.
- Nguyen also acquired 8,091 shares of common stock at $30.
- Additionally, 60,000 stock options were forfeited upon Mr. Nguyen's retirement.
- Following these transactions, Nguyen directly owns 60,816 shares of common stock and 75,000 stock options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing transactions related to an officer's retirement. It doesn't inherently convey positive or negative sentiment about the company's performance.
Negatives
- The forfeiture of 60,000 stock options could be seen as a negative, as it reduces Nguyen's potential future equity in the company.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Officer | Xuong Nguyen | N/A | 07/15/2024 | Retirement |
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
Key Dates
| Date | Description |
|---|---|
| 12/05/2021 | Date exercisable for stock options |
| 12/05/2026 | Expiration date for stock options |
| 07/15/2024 | Date of transaction and earliest transaction reported |
| 07/16/2024 | Date of signature |
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.