Montrose (MEG) director gifts 74,461 shares, retains 618,616 stake
Rhea-AI Filing Summary
Montrose Environmental Group director Richard E. Perlman reported a bona fide gift of 74,461 shares of Common Stock. The gift was made at no stated price per share. After this disposition, he directly holds 618,616 shares, so he retains a substantial ownership position in the company.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Montrose Environmental Group (MEG) report?
Montrose Environmental Group reported that director Richard E. Perlman made a bona fide gift of 74,461 shares of Common Stock. This was recorded at a price of $0.00 per share, indicating a non-cash, charitable or personal transfer rather than a market sale.
How many Montrose (MEG) shares does Richard E. Perlman hold after the gift?
Following the reported gift, Richard E. Perlman directly holds 618,616 shares of Montrose Environmental Group Common Stock. This post-transaction balance shows that, despite the sizable gift of 74,461 shares, he continues to maintain a significant direct equity stake in the company.
Was the Montrose (MEG) insider transaction a sale or a gift?
The transaction was reported as a bona fide gift, not a sale. The Form 4 uses transaction code G and describes the action as a gift transfer, with a per-share price of $0.00, indicating no cash consideration changed hands in this disposition.
Who is the insider involved in the latest Montrose (MEG) Form 4 filing?
The insider is Richard E. Perlman, a director of Montrose Environmental Group. He reported a single non-derivative transaction involving a bona fide gift of 74,461 shares of Common Stock, while retaining direct ownership of 618,616 shares after the transfer.
Does the Montrose (MEG) Form 4 show any stock option exercises or derivative trades?
No derivative transactions are reported in this Form 4. The filing shows only one non-derivative transaction: a bona fide gift of 74,461 shares of Common Stock. The derivativeSummary section is empty, indicating no options or similar instruments were exercised in this report.
What does transaction code G mean in the Montrose (MEG) Form 4?
Transaction code G on the Form 4 indicates a bona fide gift. In this case, it reflects Richard E. Perlman’s transfer of 74,461 Montrose Environmental Group Common Stock shares without consideration, at a reported price of $0.00 per share, rather than an open-market sale.