Form 4: Waters Corp Director Wei Jiang Reports Acquisition of Common Stock Units
SEC Form 4 Filing
Director Wei Jiang of Waters Corp reports acquiring 64.24 common stock units convertible to common stock on June 28, 2024.
Summary
- On June 28, 2024, Wei Jiang, a director of Waters Corp, acquired 64.24 common stock units.
- These units are convertible into shares of common stock on a one-to-one ratio.
- The transaction was reported in a Form 4 filing with the SEC.
- Following the transaction, Jiang directly owns 1,894.65 shares of Waters Corp common stock.
- A Power of Attorney was executed on June 25, 2024, granting Keeley Aleman, Jodi Brueggeman, and Christina Kelleher the authority to file forms on Jiang's behalf.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions, which can be informative for investors.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of execution of Power of Attorney. |
| 06/28/2024 | Date of transaction: Acquisition of common stock units. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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