MSA Safety (NYSE: MSA) SVP updates Form 4 with 1,000-share award correction
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Howells David J reported acquisition or exercise transactions in this Form 4 filing.
MSA Safety Inc Senior Vice President David J. Howells reported an amended insider transaction showing a grant of 1,000 shares of common stock at no cost as compensation. Following this award, he directly holds 7,348 shares. The amendment corrects the number of shares previously reported as awarded under performance stock units and adjusts the total beneficial ownership reported to reflect this administrative correction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Howells David J
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, no par value | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock, no par value — 7,348 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MSA (MSA) report for David J. Howells?
MSA Safety Inc reported that Senior Vice President David J. Howells received a grant of 1,000 shares of common stock at no cost. This was a compensation-related award and not an open-market purchase, reflected in an amended insider filing correcting earlier data.
Why was the Form 4 for MSA (MSA) Senior Vice President amended?
The filing was amended to correct the number of shares originally reported as awarded under performance stock units. The amendment also updates the total shares beneficially owned after the transactions, fixing an administrative error in the prior report for more accurate ownership disclosure.
Was the MSA (MSA) insider transaction a market purchase or a compensation award?
The transaction was a compensation-related grant, not a market purchase. The filing classifies it as a grant, award, or other acquisition, with 1,000 shares of common stock awarded at a price of $0.00 per share to Senior Vice President David J. Howells.
What does the MSA (MSA) footnote say about the insider award correction?
The footnote explains the amendment corrects the number of shares reported as awarded under performance stock units due to an administrative error. It also states that the total securities beneficially owned after the reported transactions has been adjusted to reflect this corrected award amount.