Form 4: Valmont Industries Executive Aaron Schapper Exercises Options and Sells Shares
SEC Form 4
Aaron Schapper, Group President of Agriculture & CSO at Valmont Industries, exercised stock options and sold shares on May 7, 2024.
Summary
- On May 7, 2024, Aaron M. Schapper, Group President of Agriculture & CSO at Valmont Industries, exercised non-qualified stock options to acquire 2,500 shares of common stock at a price of $112.08 per share.
- Simultaneously, Schapper sold 2,500 shares of common stock at a weighted average price of $252.34, with individual sales ranging from $252.24 to $252.62.
- Following these transactions, Schapper directly owns 27,765 shares of Valmont Industries common stock and 2,500 non-qualified stock options.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reflecting routine stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 12/17/2023 | Options vested |
| 05/07/2024 | Date of transaction: Exercise of options and sale of shares |
| 05/08/2024 | Date of signature |
| 12/17/2025 | Expiration date of options |
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