MSA Safety (NYSE: MSA) legal chief reports bona fide 300-share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSA Safety Inc officer Richard W. Roda, Vice President, Secretary and Chief Legal Officer, reported a bona fide gift of 300 shares of Common Stock on 2026-05-21 at a transaction value of $167.76 per share. After this charitable transfer, he directly holds 10,003 shares of MSA Safety common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
300 shares gifted
Mixed
1 txn
Insider
Roda Richard W
Role
Vice President, Secretary, CLO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, no par value | 300 | $167.76 | $50K |
Holdings After Transaction:
Common Stock, no par value — 10,003 shares (Direct, null)
Footnotes (1)
Key Figures
Shares gifted: 300 shares
Reported share value: $167.76 per share
Shares held after transaction: 10,003 shares
+1 more
4 metrics
Shares gifted
300 shares
Bona fide gift on 2026-05-21
Reported share value
$167.76 per share
Value used for the 300-share gift
Shares held after transaction
10,003 shares
Direct ownership after 300-share gift
Gift transactions
1 gift, 300 shares
Form 4 transaction summary
Key Terms
bona fide gift, Form 4, Common Stock, no par value, transaction code G
4 terms
bona fide gift financial
"The transaction code description is listed as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Form 4 regulatory
"This insider transaction is disclosed in a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock, no par value financial
"The security title is Common Stock, no par value."
transaction code G regulatory
"The filing uses transaction code G for the reported gift."
FAQ
What insider transaction did MSA (MSA) report for Richard W. Roda?
MSA Safety executive Richard W. Roda reported a bona fide gift of 300 shares of common stock. The transaction used code G, indicating a charitable or similar gift transfer rather than an open-market sale or purchase.
Was the MSA (MSA) insider transaction a buy or a sell?
The reported MSA Safety insider transaction was neither a buy nor a market sale. It was coded as a bona fide gift (code G), meaning shares were given away without receiving payment, so it carries limited signaling value about management’s view of the stock.
What does transaction code G mean in the MSA (MSA) Form 4 filing?
Transaction code G in the MSA Safety Form 4 indicates a bona fide gift. This means the insider disposed of shares by giving them away, rather than selling them in the market, so there is no reported buy or sell for cash consideration.