Form 4: Valmont Industries Director Richard Andrew Lanoha Reports Stock Award and Disposal

Director Richard Andrew Lanoha reported the acquisition of 585 shares of Valmont Industries common stock and the disposal of 2,756 shares on May 6, 2024.

Summary

• Richard Andrew Lanoha, a director of Valmont Industries Inc., filed a Form 4 with the SEC.
• The report details changes in his beneficial ownership of Valmont Industries' securities.
• On May 6, 2024, Lanoha acquired 585 shares of common stock through a restricted stock unit award.
• The acquisition price was $0.
• On the same day, Lanoha disposed of 2,756 shares.
• Following these transactions, Lanoha directly owns 2,756 shares of Valmont Industries common stock.
• The restricted stock units vest on the anniversary of the grant date and are settled in an equal number of shares of common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the trading activities of a company director.

Key Dates