Form 4: Valero Energy Corp Director Robert Profusek Reports Stock Transactions
SEC Form 4 Filing
Director Robert Profusek reports the acquisition of 1,944 shares through stock unit conversion and the disposal of 720 shares of Valero Energy Corp stock.
Summary
- On May 9, 2024, Robert Profusek, a director of Valero Energy Corp, reported transactions involving the company's common stock.
- Profusek acquired 1,944 shares of common stock through the conversion of stock units.
- He also disposed of 720 shares at a price of $158.125 per share.
- Following these transactions, Profusek directly owns 44,322 shares of Valero Energy Corp.
- The shares received were per a Stock Unit Award Agreement.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activity of individuals with privileged information.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of stock unit conversion and stock disposal. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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