Form 4: Pursuit Attractions & Hospitality CFO Ellen Ingersoll Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Ellen Ingersoll, CFO of Pursuit Attractions & Hospitality, reports the surrender of shares for taxes and a transfer of shares to a family trust, along with acquisitions under the company's 401(k) plan.

Summary

  • On February 23, 2025, Ellen Ingersoll, CFO of Pursuit Attractions & Hospitality, reported changes in her beneficial ownership of the company's stock.
  • She surrendered 1,189 shares to cover taxes related to the vesting of Restricted Stock Units at a price of $37.69 per share.
  • Ingersoll also gifted 1,358 shares.
  • She also reported a gift of 1,358 shares to the Ellen M. Ingersoll Family Trust.
  • She indirectly owns 117,919 shares through the Ellen M. Ingersoll Family Trust.
  • She indirectly owns 7,531.636 shares through a 401(k) plan.
  • Between January and February 2025, she acquired 43.12 shares under the company's 401(k) plan.
  • A power of attorney was executed on February 25, 2025, granting certain individuals the authority to execute Forms 3, 4, and 5 on Ingersoll's behalf.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard insider transactions. It doesn't convey any particularly positive or negative sentiment.

Positives

  • The reporting person acquired 43.12 shares of the Issuer's common stock under the Pursuit Attractions and Hospitality, Inc. 401(k) plan.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies and their executives, ensuring compliance with SEC regulations.
  • The transactions reported are typical for executives, including tax-related share surrenders and transfers to trusts, aligning with common financial planning strategies.

Stakeholder Impact

  • The transactions reported have a minimal direct impact on stakeholders, as they primarily reflect internal financial management by the CFO.
  • The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.

Key Dates

DateDescription
02/23/2022Date of Restricted Stock Units grant related to tax surrender.
12/31/20246,230 common shares vested and were transferred to a family trust.
01/2025Start date of the period during which the Reporting Person acquired 43.12 shares of the Issuer's common stock under the Pursuit Attractions and Hospitality, Inc. 401(k) plan.
02/2025End date of the period during which the Reporting Person acquired 43.12 shares of the Issuer's common stock under the Pursuit Attractions and Hospitality, Inc. 401(k) plan.
02/23/2025Date of the transactions reported in Form 4 (tax surrender, gifting).
02/25/2025Date of the Power of Attorney execution.

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