Form 4: Watsco Inc. Executive Vice President Barry S. Logan Reports Transaction
SEC Form 4
Executive Vice President Barry S. Logan reports a transaction involving Watsco Inc. common stock.
Summary
- Barry S. Logan, Executive Vice President of Watsco Inc., filed a Form 4.
- The form reports a transaction on March 13, 2025, where 13 shares of common stock were acquired at a price of $473.89.
- Logan also disposed of 30,000 shares of common stock.
- Following the reported transactions, Logan beneficially owns 1,783 shares indirectly through the Watsco, Inc. Profit Sharing Retirement Plan and Trust.
- Logan also directly owns 113,037 shares of Class B Common stock, with 43,037 shares subject to vesting restrictions.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting transactions. The disposal of shares is balanced by the acquisition of shares.
Negatives
- The disposal of 30,000 shares by an executive could be perceived negatively by investors.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates the buying and selling activity of a key executive at Watsco Inc.
Stakeholder Impact
- The transaction may have a minor impact on shareholders depending on their interpretation of the executive's trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of transaction involving common stock. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Watsco Inc, Barry S. Logan, Executive Vice President, Common Stock, Class B Common Stock, Beneficial Ownership, Transaction
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