NewMarket (NYSE: NEU) EVP Hazelgrove nets 680 direct shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NewMarket Corporation EVP & CAO Bruce R. Hazelgrove III reported equity compensation activity involving company common stock. On February 5, 2026, the compensation committee certified performance goals for performance-based restricted stock, resulting in 475 shares of common stock being credited to him at a price of $0.00 per share.
To cover tax withholding obligations tied to this vesting, 153 shares were withheld at $714.88 per share, leaving him with 680 directly held shares. In addition, he beneficially owns 21,905.58 shares indirectly through the NewMarket Savings Plan and 670 shares indirectly through his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Hazelgrove Bruce R III
Role
EVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 475 | $0.00 | -- |
| Tax Withholding | Common Stock | 153 | $714.88 | $109K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 833 shares (Direct);
Common Stock — 21,905.58 shares (Indirect, NewMarket Savings Plan)
Footnotes (1)
- On February 5, 2026, the Compensation Committee certified attainment of the performance goals for certain performance-based restricted stock awards ("Performance Stock"). The Performance Stock settled with shares of common stock. Shares withheld by the Company to satisfy tax withholding obligations related to the Performance Stock that vested on February 5, 2026. The increase in shares is due to periodic purchases by the Plan Trustee pursuant to the Plan.
FAQ
What insider stock transactions did NewMarket (NEU) EVP Hazelgrove report?
Bruce R. Hazelgrove III reported vesting of 475 shares of NewMarket common stock and the withholding of 153 shares for taxes on February 5, 2026. After these transactions, he directly held 680 shares, with additional indirect holdings through a savings plan and his spouse.
What indirect NewMarket (NEU) holdings does EVP Hazelgrove report?
Bruce R. Hazelgrove III reports two categories of indirect ownership: 21,905.58 shares held through the NewMarket Savings Plan and 670 shares held by his wife. These positions are listed as indirect beneficial ownership as of the February 5, 2026 reporting date.
What is the role of performance goals in NewMarket (NEU) EVP Hazelgrove’s stock awards?
His Performance Stock awards vested only after the compensation committee certified attainment of specified performance goals on February 5, 2026. Once those goals were confirmed, the performance-based restricted stock settled in shares of NewMarket common stock credited to him on that date.