Emerson Electric (EMR) CEO Karsanbhai exercises options, sells shares and reports gifts
Rhea-AI Filing Summary
Emerson Electric Co. President & CEO Surendralal Lanca Karsanbhai, who is also a director, reported multiple stock transactions in early
To cover the option exercise price and related taxes, he disposed of 1,653 and 2,964 shares through transactions coded as F, and separately sold 7,263 shares at a price of
Following these transactions, Karsanbhai directly held 196,292 shares of Emerson common stock. He also reported indirect ownership through a trust holding 278,395.0331 shares, as well as smaller indirect positions in custodial and retirement accounts.
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FAQ
What insider transaction did Emerson Electric (EMR) report for its CEO?
The filing reports that Surendralal Lanca Karsanbhai, Emerson Electric's President & CEO and a director, exercised employee stock options, disposed of some shares to cover costs and taxes, sold additional shares, and made a bona fide gift of common stock in early
How many Emerson Electric (EMR) stock options did the CEO exercise and at what price?
Karsanbhai exercised employee stock options covering 4,773 shares on
Did the Emerson Electric (EMR) CEO sell any shares in this Form 4?
Yes. The filing shows a sale of 7,263 shares of Emerson common stock on
How were taxes and exercise costs handled for the Emerson Electric (EMR) CEO’s option exercises?
The report lists transactions coded F on
Did the Emerson Electric (EMR) CEO make any gifts of stock?
Yes. On
How many Emerson Electric (EMR) shares does the CEO own after these transactions?
After the reported transactions, Karsanbhai directly owned 196,292 shares of Emerson common stock. He also reported indirect holdings including 278,395.0331 shares held by a trust and smaller amounts in custodial and 401(k) accounts.
What derivative securities related to Emerson Electric (EMR) were involved in this Form 4?
The filing shows two employee stock option awards with an exercise price of