Form 4: SunCoke Energy Executive Mark W. Marinko Reports Stock Transactions
SEC Form 4 Filing
Mark W. Marinko, SR VP and Chief Financial Officer of SunCoke Energy, Inc., reports the acquisition and disposal of common stock and derivative securities on February 23, 2024.
Summary
- On February 23, 2024, Mark W. Marinko, SR VP, Chief Financial Officer of SunCoke Energy, Inc., reported transactions involving the company's stock.
- These transactions included the acquisition of 8,469 shares of common stock through the vesting of Restricted Stock Units (RSUs).
- Marinko also disposed of 4,201 shares to satisfy minimum statutory withholding requirements at a price of $10.84 per share.
- Following these transactions, Marinko directly owns 8,809 shares of common stock and 16,937 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. 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 trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2023 | Date of RSU grant |
| 02/23/2024 | Date of transaction (acquisition and disposal of shares) |
| 02/23/2026 | Expiration date of RSUs |
| 02/27/2024 | Date of signature on the Form 4 filing |
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