Form 4: Suburban Propane Executive Reports Share Transactions

A Suburban Propane executive, Keith P. Onderdonk, reported multiple transactions involving common units and phantom units, including acquisitions and disposals, on November 15, 2024.

Summary

• Keith P. Onderdonk, a Vice President at Suburban Propane, reported several transactions on November 15, 2024.
• These transactions included the disposal of 6,062 common units at $17.77 per unit to cover tax liabilities.
• He also acquired 5,874 common units at $17.77 per unit and then disposed of the same amount.
• Additionally, he acquired 10,759 common units at $0.00 per unit.
• The executive also acquired 5,874 phantom units and 10,759 phantom units.
• These transactions resulted in a total of 80,689 common units and 20,059 phantom units beneficially owned by the executive.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure of transactions by company insiders. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions reported are typical for executives who receive equity-based compensation.

Stakeholder Impact

• The transactions reported in this filing are unlikely to have a significant impact on stakeholders.

Key Dates

Keywords

Suburban Propane, insider trading, Form 4, common units, phantom units, executive transactions, equity securities