Form 4: Pursuit Attractions & Hospitality CEO Steven Moster Reports Share Transactions
SEC Form 4
CEO Steven Moster reports the surrender of shares for taxes and forfeiture of PRSUs, along with acquisitions under the 401(k) plan.
Summary
- On December 31, 2024, Steven W. Moster, CEO of Pursuit Attractions & Hospitality, Inc., reported a transaction involving common stock.
- 17,016 shares were surrendered for taxes at a price of $42.81 per share in connection with the vesting of Performance-Based Restricted Stock Units (PRSUs) granted on February 16, 2021.
- Moster's direct ownership following the transaction reflects the forfeiture of 40,178 PRSUs granted on February 16, 2021.
- Moster also indirectly owns 127,030 shares through a family trust and 5,201.8335 shares through a 401(k) plan.
- Between March 2024 and January 2025, Moster acquired 238.6863 shares of the Issuer's common stock under the Pursuit Attractions and Hospitality, Inc. 401(k) plan.
Sentiment
Score: 5
Explanation: The document is neutral in sentiment as it simply reports required information about share transactions. There is no indication of positive or negative sentiment.
Negatives
- The forfeiture of 40,178 PRSUs could be seen as a negative, although the reason for the forfeiture is not explicitly stated.
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 regarding their holdings of company stock.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in the number of shares held by the CEO.
Key Dates
| Date | Description |
|---|---|
| February 16, 2021 | Date of grant for Performance-Based Restricted Stock Units (PRSUs). |
| February 21, 2024 | Date of execution for Limited Power of Attorney. |
| March 2024 | Start date of common stock acquisitions under the 401(k) plan. |
| December 31, 2024 | Date of share surrender for taxes. |
| January 2025 | End date of common stock acquisitions under the 401(k) plan. |
| 01/03/2025 | Date of signature for the report. |
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