NewMarket (NEU) Insider Filing: Gottwald Disposes 2,400 Shares; Large GRAT Holding Remains
Rhea-AI Filing Summary
Bruce C. Gottwald, a director and reported >10% owner of NewMarket Corporation (NEU), reported a non-derivative disposition on 09/05/2025 of 2,400 common shares via a transaction coded G (gift) at a reported price of $0. After the reported transaction Mr. Gottwald owned 60,741 shares directly and beneficially owned 850,000 shares indirectly via a 2025 GRAT plus 18,731 shares held by his wife.
Positive
- Timely disclosure of insider transaction with clear ownership breakdown
- Transparency about indirect holdings (850,000 shares in a 2025 GRAT and 18,731 shares held by spouse)
Negative
- Direct holdings reduced by 2,400 shares via a gift (transaction code G)
Insights
TL;DR Routine insider gift reduced direct holdings slightly while substantial indirect holdings via a GRAT remain.
The Form 4 shows a small, non-sale disposition: 2,400 common shares were transferred on 09/05/2025 under code G, indicating a gift, recorded at $0. Direct ownership after the transaction is 60,741 shares. Material economic exposure remains concentrated in indirect holdings: 850,000 shares held in a 2025 GRAT and 18,731 shares held by spouse. This filing is informational and does not report option or derivative activity.
TL;DR Disclosure appears complete for the reported transfer; shows director status and substantial indirect ownership vehicles.
The reporting person is identified as both a director and a >10% owner. The filing documents the transfer method (code G) and the ownership breakdown between direct and indirect holdings, including a grantor retained annuity trust (GRAT) and spousal holdings. The signature by a power of attorney is provided. No amendments or derivative transactions are reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,400 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |