Innospec (IOSP) director logs RSU grant, option exercise and share sale
Rhea-AI Filing Summary
Innospec Inc. director Larry Padfield reported multiple equity transactions. He received a grant of 1,539 Restricted Stock Units that vest in full on February 23, 2029 for his service as a non-employee director. He also exercised stock options for 1,030 shares at $44.18 per share and sold 1,030 common shares in an open-market transaction at an average price of $81.8409 per share. After these transactions, he directly owned 10,047 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 1,030 shares ($39K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
PADFIELD Larry
Role
Director
Sold
1,030 shs ($84K)
Approx. gross sale proceeds
$84K
Approx. exercise cost
$46K
Approx. pre-tax spread
$39K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,539 | $0.00 | $0.00 |
| Exercise | Stock Option | 1,030 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,030 | $44.18 | $46K |
| Sale | Common Stock | 1,030 | $81.8409 | $84K |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Common Stock — 10,047 shares (Direct)
Footnotes (1)
- F1. Represents Restricted Stock Units ("RSUs") vesting in full on February 23, 2029, granted by Issuer in connection with Reporting Person's service as a non-employee director.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did IOSP director Larry Padfield report?
Larry Padfield reported a grant of 1,539 Restricted Stock Units, the exercise of options for 1,030 common shares, and the open-market sale of 1,030 common shares, all relating to Innospec Inc. equity awards and holdings.
What were the terms of Larry Padfield’s RSU grant at Innospec (IOSP)?
Larry Padfield received 1,539 Restricted Stock Units that vest in full on February 23, 2029. The RSUs were granted by Innospec Inc. in connection with his service as a non-employee director, with no price paid per unit at grant.
What do the Form 4 codes A, M, and S mean for IOSP’s filing?
In this Form 4, code A reflects a grant or award acquisition of Restricted Stock Units, code M indicates the exercise or conversion of a stock option into common shares, and code S represents an open-market or private sale of common stock.