Form 4: Viad Corp Executive David W. Barry Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


David W. Barry, President Pursuit at Viad Corp, reports acquisition and disposal of common stock related to performance restricted stock units and 401(k) plan.

Summary

  • On February 23, 2024, David W. Barry, President Pursuit at Viad Corp, acquired 19,673 shares of common stock at $33.91 per share related to performance restricted stock units.
  • On the same day, 9,474 shares were surrendered for taxes related to the vesting of these units at $33.91 per share.
  • Following these transactions, Barry directly owns 69,292 shares of common stock.
  • Between January and February 2024, Barry acquired 83.6545 shares of VVI common stock under the Viad Corp 401(k) plan, indirectly owning 2,043.47 shares through the plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine stock transactions related to executive compensation and retirement savings.

Positives

  • The acquisition of shares through vested performance restricted stock units suggests the executive is meeting performance goals.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment of interests.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates

DateDescription
02/23/2024Acquisition and disposal of common stock related to performance restricted stock units.
02/27/2024Date of signature for the report.

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