Director at NL Industries (NYSE: NL) gets 6,000-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOORE CECIL H JR reported acquisition or exercise transactions in this Form 4 filing.
NL Industries director Cecil H. Moore Jr. received a grant of 6,000 shares of common stock valued at $6.67 per share. The shares were issued for no cash consideration under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan. Following this compensation award, Moore directly holds 49,550 shares of NL Industries common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOORE CECIL H JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $0.125 par value per share | 6,000 | $6.67 | $40K |
Holdings After Transaction:
Common Stock $0.125 par value per share — 49,550 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant size: 6,000 shares
Grant valuation price: $6.67 per share
Post-transaction holdings: 49,550 shares
3 metrics
Stock grant size
6,000 shares
Common stock awarded to director on 2026-05-14
Grant valuation price
$6.67 per share
Reported transaction price for the stock award
Post-transaction holdings
49,550 shares
Director’s direct ownership after the grant
Key Terms
Non-Employee Director Stock Plan, grant/award acquisition, Common Stock $0.125 par value per share
3 terms
Non-Employee Director Stock Plan financial
"under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
FAQ
What insider transaction did NL (NL Industries) report for Cecil H. Moore Jr.?
NL Industries reported a stock grant to director Cecil H. Moore Jr. He received 6,000 shares of common stock as a grant under the 2023 Non-Employee Director Stock Plan, increasing his direct holdings to 49,550 shares after the transaction.
Was the NL (NL Industries) director stock grant a cash purchase?
No, the director did not pay cash for these NL shares. The 6,000 shares were issued for no cash consideration as part of compensation under the 2023 Non-Employee Director Stock Plan, rather than through an open-market purchase.
At what price was the NL director stock grant reported?
The 6,000-share grant was reported at $6.67 per share. This value reflects the price used in the Form 4 for the common stock award, even though the shares were issued for no cash consideration under the company’s director stock plan.
What plan was used for the NL Industries director stock grant?
The shares were granted under the 2023 Non-Employee Director Stock Plan. NL Industries issued 6,000 shares of common stock to director Cecil H. Moore Jr. for no cash consideration pursuant to this specific director compensation plan.