Form 4: Valero Energy EVP & COO Gary K. Simmons Reports Gift of 900 Shares
SEC Form 4 Filing
Gary K. Simmons, EVP & COO of Valero Energy, reported gifting 900 shares of common stock on May 3, 2024.
Summary
- On May 3, 2024, Gary K. Simmons, EVP & COO of Valero Energy Corp, reported a transaction involving the gifting of 900 shares of common stock.
- The shares were disposed of at a price of $0.
- Following the transaction, Simmons directly owns 193,041 shares of Valero Energy Corp.
- This amount does not include 12,425.566 shares indirectly held by the reporting person in a thrift plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting a gift of shares. 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 actions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares being gifted by an executive.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Gary K. Simmons gifted 900 shares of Valero Energy Corp common stock. |
| 05/06/2024 | Date of report signature. |
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