Emerson Electric (NYSE: EMR) director Jennifer Newstead files Form 3 report
Rhea-AI Filing Summary
Emerson Electric Co. filed an insider ownership statement for Jennifer Newstead, who is identified as a director and reporting person. The filing data shows no reportable transactions or derivative positions, and references an exhibit containing a Power of Attorney authorizing certain actions on her behalf.
Positive
- None.
Negative
- None.
Key Terms
reporting person, ten percent owner, Power of Attorney
3 terms
reporting person regulatory
"The filing identifies Jennifer Newstead as a reporting person and director"
ten percent owner regulatory
"Indicator is_ten_percent_owner shows she is not a ten percent owner"
Power of Attorney regulatory
"EXHIBIT LIST - Exhibit 24 - Power of Attorney for Jennifer Newstead"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Emerson Electric (EMR) disclose about Jennifer Newstead in this Form 3?
Emerson Electric identifies Jennifer Newstead as a director and reporting person in this Form 3. The filing is an insider ownership statement and, in the data provided, contains no record of transactions or derivative holdings for her at the time of this report.
Does the Emerson Electric (EMR) Form 3 report any stock transactions for Jennifer Newstead?
No, the Form 3 for Emerson Electric reports no stock transactions for Jennifer Newstead. The transactions section is empty, and summary counts for buys, sells, gifts, exercises, and restructurings are all zero in the data provided for this filing.
What board role does Jennifer Newstead hold at Emerson Electric (EMR)?
The Form 3 shows that Jennifer Newstead is a director of Emerson Electric. She is flagged as a director and as a reporting person, with no indication that she is an officer or a ten percent owner based on the structured fields in the filing.
What is the purpose of the Power of Attorney in the Emerson Electric (EMR) filing?
The remarks reference an exhibit titled Power of Attorney for Jennifer Newstead. This Power of Attorney authorizes designated individuals to act on her behalf for filing-related matters, streamlining the process of submitting required insider ownership reports to regulators.
Is Jennifer Newstead a ten percent owner of Emerson Electric (EMR)?
Based on the Form 3 data, Jennifer Newstead is not classified as a ten percent owner of Emerson Electric. The specific indicator for ten percent owner status is set to zero, while her director status is marked as active in the reporting person information.