Form 4: Viad Corp Executive Jeffrey A. Stelmach Reports Stock Transactions
SEC Form 4 Filing
Jeffrey A. Stelmach, President of Spiro at Viad Corp, reported the disposition of 591 shares of common stock to cover taxes related to vesting of Restricted Stock Units on March 1, 2024.
Summary
- On March 1, 2024, Jeffrey A. Stelmach, President of Spiro at Viad Corp, disposed of 591 shares of common stock to cover taxes related to the vesting of Restricted Stock Units.
- The shares were disposed of at a price of $37.23 per share.
- Following the transaction, Stelmach directly owns 17,901 shares of Viad Corp common stock and indirectly owns 748.3563 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, reflecting insider transactions related to equity compensation. Such filings are common and provide transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2023 | Date of Restricted Stock Units grant. |
| 03/01/2024 | Date of transaction: Shares surrendered for taxes in connection with vesting of Restricted Stock Units. |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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