NewMarket (NEU) director awarded 157-share annual grant under 2023 stock plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GAMBILL MARK M reported acquisition or exercise transactions in this Form 4 filing.
NewMarket Corporation director Mark M. Gambill received 157 shares of common stock as an annual stock grant for non-employee directors. The shares were issued at no cost under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan, bringing his directly held stake to 4,149 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GAMBILL MARK M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 157 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,149 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 157 shares
Post-transaction holdings: 4,149 shares
Price per share for grant: $0.00 per share
+1 more
4 metrics
Shares granted
157 shares
Annual stock grant to non-employee director
Post-transaction holdings
4,149 shares
Common stock directly held after grant
Price per share for grant
$0.00 per share
Grant, award, or other acquisition (non-cash)
Transaction code
A
Grant, award, or other acquisition of common stock
Key Terms
annual stock grant, non-employee directors, 2023 Incentive Compensation and Stock Plan, Grant, award, or other acquisition
4 terms
annual stock grant financial
"Represents annual stock grant to non-employee directors."
non-employee directors financial
"Represents annual stock grant to non-employee directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
2023 Incentive Compensation and Stock Plan financial
"Shares were issued under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan."
Grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did NewMarket (NEU) director Mark M. Gambill report?
Mark M. Gambill reported receiving 157 shares of NewMarket common stock. This was a stock grant to a non-employee director, issued as part of the company’s equity compensation program rather than an open-market purchase or sale.
Was the NewMarket (NEU) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not a market purchase. The 157 shares of common stock were awarded to the director as an annual grant to non-employee directors under NewMarket’s 2023 Incentive Compensation and Stock Plan.
What does transaction code "A" mean in the NewMarket (NEU) Form 4 filing?
Transaction code “A” indicates a grant, award, or similar acquisition of stock. In this case, 157 shares of NewMarket common stock were granted to a non-employee director as part of the company’s 2023 Incentive Compensation and Stock Plan.