4/A: Viad Corp Director Joshua Schechter Corrects Beneficial Ownership Reporting
SEC Filing
Joshua Schechter, a director of Viad Corp, files an amended Form 4/A to correct an administrative error in the previously reported amount of common stock beneficially owned following a transaction on March 1, 2024.
Summary
- This is an amended SEC Form 4/A filed by Joshua Schechter, a director of Viad Corp (VVI).
- The form corrects an error in the original Form 4 filed on March 5, 2024, regarding the number of shares beneficially owned after a transaction on March 1, 2024.
- On March 1, 2024, Schechter acquired 3,376 shares of common stock through Restricted Stock Units (RSUs) granted under the Amended & Restated 2017 Viad Corp Omnibus Incentive Plan.
- These RSUs will vest one year from the grant date and are payable in VVI common stock on a one-for-one basis upon vesting.
- Following the reported transaction, Schechter beneficially owns 52,699 shares of Viad Corp common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor administrative error. It doesn't indicate any significant positive or negative developments for the company, hence a neutral sentiment score.
Industry Context
This filing is a routine disclosure related to insider transactions and beneficial ownership, which is a standard practice for publicly traded companies. It doesn't necessarily reflect broader industry trends but ensures transparency in corporate governance.
Stakeholder Impact
- The correction of the filing ensures accurate information for shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of 3,376 shares through Restricted Stock Units. |
| 03/05/2024 | Date of original Form 4 filing which contained an error. |
| 08/07/2024 | Date of amended Form 4/A filing. |
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