MSA Safety chair gets 35,115-share stock grant
MSA Safety Inc chairman Nishan J. Vartanian reported a stock-based compensation grant of 35,115 shares of common stock.
Rhea-AI Filing Summary
MSA Safety Inc chairman Nishan J. Vartanian reported a stock-based compensation grant of 35,115 shares of common stock. On the same date, 25,671 shares were disposed of to cover tax obligations associated with the award at a price of $183.43 per share. Following these transactions, he directly owned 43,754 shares, and an additional 1,190 shares were reported as indirectly owned by his wife.
Positive
- None.
Negative
- None.
Insights
Routine equity award partly withheld for taxes; no open-market trade.
The chairman of MSA Safety Inc, Nishan J. Vartanian, received a grant of 35,115 common shares at no cost, typical of long-term incentive compensation for senior leaders. This increases his equity exposure and links more of his pay to company performance.
To satisfy related tax obligations, 25,671 shares were disposed of at $183.43 per share through a tax-withholding mechanism, not an open-market sale. After these entries, he directly holds 43,754 shares, with 1,190 shares reported as indirectly owned by his wife.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, no par value | 35,115 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, no par value | 25,671 | $183.43 | $4.71M |
| holding | Common Stock, no par value | -- | -- | -- |
FAQ
What insider transactions did MSA (MSA Safety Inc) report for Nishan J. Vartanian?
Was the MSA Safety insider transaction a stock purchase or a compensation grant?
What does the indirect ownership "By Wife" mean in the MSA Safety Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.