MSA Insider Amendment: Sciullo Sells 4,700 Shares; Transaction Code Corrected
Rhea-AI Filing Summary
Amended Form 4 for Stephanie L. Sciullo, President of MSA Safety Inc. (MSA). The filing reports two sell transactions on 09/11/2025: 1,700 shares sold at $172.465 and 3,000 shares sold at $172.33. The entries list post-transaction beneficial holdings of 14,444 shares and 11,444 shares respectively, with ownership reported as direct. The amendment corrects the transaction code to "S" (sale) which had been misreported. The form is signed by an attorney-in-fact on 09/12/2025. The document contains only the reported sales, positions after the sales, the officer role of the reporting person, and the correction to the transaction code.
Positive
- Accurate disclosure: Amendment corrects transaction code to "S", improving regulatory and investor transparency.
- Timely filing: Amendment filed the day after the original, indicating prompt correction of the error.
Negative
- Insider selling: The President sold a total of 4,700 shares on 09/11/2025, which may be viewed negatively by some investors.
- Reduced holdings: Post-sale direct holdings are reported as 14,444 and 11,444 shares, showing a decline in insider ownership.
Insights
TL;DR: Insider sales totaling 4,700 shares were executed at roughly $172 per share; amendment corrected reporting code to sale.
This Form 4/A documents two contemporaneous sales totaling 4,700 shares by the President, executed at $172.465 and $172.33 on 09/11/2025. Post-transaction holdings are reported as 14,444 and 11,444 direct shares. The amendment solely fixes the transaction code to reflect sales, improving disclosure accuracy. From a market-impact perspective, the reported quantities are modest relative to large-cap float and provide no forward-looking company information; the filing is primarily a compliance disclosure.
TL;DR: Correction improves governance transparency; insider sales were properly disclosed via amended Form 4.
The amendment addresses a filing error by changing the transaction code to "S", clarifying that the transactions were sales rather than another code. Accurate Section 16 reporting is important for governance and market confidence. The reporting person is identified as President and an officer-level insider, which makes timely and correct disclosure material for regulatory compliance. The form does not disclose any plans, hedging, or Rule 10b5-1 arrangements.