Form 4: Tyson Foods Director Noel White Executes Stock Options and Sells Shares
SEC Form 4 Filing
Tyson Foods director Noel White exercised stock options and sold a significant number of shares on November 21, 2024.
Summary
- Noel White, a director at Tyson Foods, executed multiple stock option exercises on November 21, 2024.
- These exercises involved 18,208 shares at $50, 31,703 shares at $58.34, and 121,146 shares at $59.42.
- Following the exercises, Mr. White sold 171,057 shares at a weighted average price of $63.7031.
- The sales occurred in multiple transactions with prices ranging from $63.54 to $63.99.
- After these transactions, Mr. White directly holds 36,178.909 shares and indirectly holds 1,115 shares through the White Charitable Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to insider trading activity and is common for directors and officers of publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The transactions are typical for executives who receive stock options as part of their compensation.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold, but this is a normal part of executive compensation and trading.
Key Dates
| Date | Description |
|---|---|
| 11/30/2016 | Date the first tranche of stock options became exercisable. |
| 11/28/2017 | Date the second tranche of stock options became exercisable. |
| 11/19/2019 | Date the third tranche of stock options became exercisable. |
| 11/21/2024 | Date of stock option exercises and share sales. |
| 11/22/2024 | Date the Form 4 was signed. |
| 11/30/2025 | Expiration date of the first tranche of stock options. |
| 11/28/2026 | Expiration date of the second tranche of stock options. |
| 11/19/2028 | Expiration date of the third tranche of stock options. |
Keywords
Tyson Foods, Stock Options, Insider Trading, Form 4, Director, Share Sale, Noel White
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