Form 4: West Pharmaceutical Services SVP, GC & Corporate Secretary Reports Transaction in Company Stock
SEC Form 4
Kimberly Banks MacKay, SVP, GC & Corporate Secretary of West Pharmaceutical Services, reports acquisition and disposal of common stock and stock options on February 18, 2025.
Summary
- On February 18, 2025, Kimberly Banks MacKay, SVP, GC & Corporate Secretary of West Pharmaceutical Services Inc. (WST), reported a transaction involving the company's common stock.
- MacKay acquired 246.162 shares of common stock at a price of $211.
- She also disposed of 92.693 shares of common stock at the same price of $211.
- Following these transactions, MacKay directly owns 1,511.933 shares of WST common stock.
- MacKay also acquired 1,162 stock options with an exercise price of $211, exercisable beginning February 18, 2026, and expiring on February 18, 2035.
- She also owns 503 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in company stock. It allows investors to monitor the actions of key personnel and their alignment with company performance.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps stakeholders assess management's alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 2024-05-14 | Date of Power of Attorney execution. |
| 2025-02-18 | Date of transaction (acquisition/disposition of stock and stock options). |
| 2026-02-18 | Stock options become exercisable. |
| 2035-02-18 | Stock options expiration date. |
| 2025-02-20 | Date of signature on the report. |
Keywords
Form 4, West Pharmaceutical Services, WST, Insider Trading, Stock Options, Common Stock, Kimberly Banks MacKay, Restricted Stock Units, Acquisition, Disposition
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.