Emerson SVP withholds shares to cover taxes
Emerson Electric senior vice president and Chief Sustainability Officer Michael H. Train reported a routine tax-withholding transaction.
Rhea-AI Filing Summary
Emerson Electric senior vice president and Chief Sustainability Officer Michael H. Train reported a routine tax-withholding transaction. On the vesting of a previously reported stock grant under a shareholder-approved plan, 5,286 shares of common stock were withheld to cover required minimum taxes at a fair market value of $131.6138 per share.
After this withholding, Train directly holds 245,711 common shares. He also has indirect retirement-related holdings of 12,559.653 shares in a 401(k) plan and 1,373.176 shares in a 401(k) excess plan, indicating a substantial continuing equity position in Emerson.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 5,286 shares
Exercise Price or Tax Liability
3 txns
Insider
Train Michael H.
Role
SVP & Chief Sustain Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 5,286 | $131.6138 | $696K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 245,711 shares (Direct);
Common Stock — 12,559.653 shares (Indirect, 401(k) plan);
Common Stock — 1,373.176 shares (Indirect, 401(k) excess plan)
Footnotes (2)
- F1. Shares withheld for required minimum taxes upon vesting of previously reported stock grant under shareholder approved benefit plan exempt pursuant to Rule 16b-3.
- F2. Fair market value on date of withholding described in Note 1.
Key Figures
Shares withheld for taxes: 5,286 shares
Withholding price: $131.6138 per share
Direct holdings after transaction: 245,711 shares
+2 more
5 metrics
Shares withheld for taxes
5,286 shares
Tax-withholding disposition on vesting of stock grant
Withholding price
$131.6138 per share
Fair market value on withholding date
Direct holdings after transaction
245,711 shares
Common stock directly owned after tax withholding
401(k) plan holdings
12,559.653 shares
Common stock in 401(k) plan, indirect ownership
401(k) excess plan holdings
1,373.176 shares
Common stock in 401(k) excess plan, indirect ownership
Key Terms
tax-withholding disposition, Rule 16b-3, 401(k) plan, 401(k) excess plan, +1 more
5 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 16b-3 regulatory
"benefit plan exempt pursuant to Rule 16b-3."
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
401(k) plan financial
"nature_of_ownership": "401(k) plan""
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
401(k) excess plan financial
"nature_of_ownership": "401(k) excess plan""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EMR executive Michael H. Train report?
Michael H. Train reported shares withheld for taxes on vesting stock. Emerson withheld 5,286 common shares to cover required minimum taxes when a previously reported stock grant vested under a shareholder-approved plan, a routine compensation-related event rather than an open-market sale.
Was the Emerson (EMR) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not a market sale. 5,286 shares were withheld by Emerson to satisfy required minimum tax obligations upon vesting of an existing stock grant, as permitted under Rule 16b-3 for shareholder-approved benefit plans.
What indirect EMR holdings does Michael H. Train report on this Form 4?
Train reports indirect ownership through retirement plans. The Form 4 lists 12,559.653 common shares in a 401(k) plan and 1,373.176 common shares in a 401(k) excess plan, in addition to his direct holdings, reflecting long-term, benefit-plan-based exposure to Emerson stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
