LG Display (NYSE: LPL) CEO alters ownership, now holds 59,560 shares
Rhea-AI Filing Summary
LG Display Co., Ltd. reported that its Chief Executive Officer, Cheoldong Jeong, withdrew 37,100 shares of LG Display common stock from the company’s Employee Stock Ownership Association. After this transaction, Mr. Jeong’s total ownership of LG Display common stock stands at 59,560 shares. The filing does not describe any change in his role or responsibilities at the company, only the adjustment in how his shares are held.
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FAQ
What insider share change did LG Display (LPL) disclose in this 6-K?
LG Display disclosed that CEO Cheoldong Jeong withdrew 37,100 shares of LG Display common stock from the Employee Stock Ownership Association, changing how his shares are held.
How many LG Display (LPL) shares does CEO Cheoldong Jeong own after the transaction?
Following the withdrawal from the Employee Stock Ownership Association, CEO Cheoldong Jeong owns 59,560 shares of LG Display common stock.
Did LG Display’s 6-K indicate that the CEO sold any shares?
The disclosure states that CEO Cheoldong Jeong withdrew shares from the Employee Stock Ownership Association and reports his current ownership, but does not state that he sold any shares.
What is the purpose of this LG Display (LPL) Form 6-K filing?
The Form 6-K informs investors that LG Display’s CEO Cheoldong Jeong changed the form of his ownership by withdrawing 37,100 shares from the Employee Stock Ownership Association and now holds 59,560 shares of common stock.
Who signed the LG Display (LPL) Form 6-K related to the CEO’s share withdrawal?
The report was signed on behalf of LG Display Co., Ltd. by Kyu Dong Kim, Vice President, Finance & Risk Management Division.