Form 4: Valmont Industries Director Ritu Favre Reports Stock Transactions
SEC Form 4 Filing
Director Ritu Favre reported the acquisition of 585 shares of Valmont Industries common stock and the disposal of 2,089 shares on May 6, 2024.
Summary
- Ritu Favre, a director of Valmont Industries, reported transactions involving the company's common stock.
- On May 6, 2024, Favre acquired 585 shares of common stock at a price of $0, likely related to a restricted stock unit award.
- On the same day, Favre disposed of 2,089 shares.
- Following these transactions, Favre directly owns 2,089 shares of Valmont Industries common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock acquisition and disposal. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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