Form 4: Triumph Group Inc. CEO Daniel Crowley Reports Stock Transactions
SEC Form 4 Filing
Daniel Crowley, Chairman, President, and CEO of Triumph Group Inc., reports the acquisition and disposal of company stock and restricted stock units on June 13, 2024.
Summary
- On June 13, 2024, Daniel J. Crowley, the Chairman, President, and CEO of Triumph Group Inc. (TGI), reported transactions involving the company's stock.
- Crowley acquired 26,213 shares of common stock upon the vesting of restricted stock units.
- He also disposed of 11,466 shares to cover tax liabilities related to the vesting of these units at a price of $14.58 per share.
- Following these transactions, Crowley directly owns 901,314 shares of Triumph Group Inc.
- He also holds 26,215 restricted stock units, which vest on June 13, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of stock and restricted stock unit transactions. |
| 06/13/2025 | Vesting date for the remaining restricted stock units. |
| 06/14/2024 | Date of signature for the report. |
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