Form 4: SunCoke Energy Executive John F. Quanci Reports Stock Transactions
SEC Form 4 Filing
John F. Quanci, Chief Technology Officer of SunCoke Energy, Inc., reports the vesting and disposal of restricted stock units and acquisition of new restricted stock units.
Summary
- On February 24, 2025, John F. Quanci, Chief Technology Officer of SunCoke Energy, Inc., reported transactions involving SunCoke Energy common stock.
- These transactions included the vesting of 5,531 and 4,963 restricted stock units (RSUs) from grants made on February 23, 2023, and February 22, 2024, respectively.
- The vested RSUs were settled in cash, and Mr. Quanci disposed of 5,531 and 4,963 shares of common stock at a price of $9.2 per share.
- Additionally, on February 21, 2025, Mr. Quanci was granted 16,602 restricted share units which vest in three equal annual installments on the first, second and third anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Positives
- The grant of 16,602 restricted share units to Mr. Quanci aligns his interests with the long-term performance of SunCoke Energy.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Date of original RSU grant for 5,531 units. |
| 02/22/2024 | Date of original RSU grant for 4,963 units. |
| 02/21/2025 | Date of RSU grant for 16,602 units. |
| 02/24/2025 | Date of transaction: vesting and disposal of RSUs. |
| 02/25/2025 | Date of filing the Form 4. |
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