Form 4: Viad Corp CFO Ellen M. Ingersoll Reports Stock Transactions

Ellen M. Ingersoll, CFO of Viad Corp, reports acquisition and disposal of common stock and restricted stock units.

Summary

• On March 1, 2024, Ellen M. Ingersoll, the Chief Financial Officer of Viad Corp, engaged in transactions involving the company's stock.
• She surrendered 1,443 shares for taxes at a price of $37.23 per share related to the vesting of Restricted Stock Units (RSUs) granted on March 1, 2023.
• Ingersoll was also granted 7,008 Restricted Stock Units on March 1, 2024, which will vest in three equal tranches on March 1, 2025, March 1, 2026, and March 1, 2027.
• Following these transactions, Ingersoll directly owns 37,875 shares of Viad Corp common stock.
• She also has indirect ownership of 110,331 shares through the Ellen M. Ingersoll Family Trust and 7,171.2488 shares through a 401(k) plan.
• Between February and March 2024, she acquired 20.5588 shares of VVI common stock under the Viad Corp 401(k) plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider, with no inherent positive or negative sentiment.

Positives

• The granting of 7,008 Restricted Stock Units to the CFO could be seen as a positive sign, aligning her interests with the long-term performance of the company.

Future Outlook

The granted Restricted Stock Units will vest in three equal tranches on March 1, 2025, March 1, 2026, and March 1, 2027.

Industry Context

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

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider activity and ownership changes.

Key Dates