Director at NL Industries (NYSE: NL) receives 6,000-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kramer Kevin B reported acquisition or exercise transactions in this Form 4 filing.
NL Industries Inc director Kevin B. Kramer reported receiving a grant of 6,000 shares of common stock on May 14, 2026. The award was issued for no cash consideration under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan as equity compensation. After this grant, Kramer directly holds 24,350 shares of NL common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kramer Kevin B
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 — 24,350 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant: 6,000 shares
Grant reference price: $6.67 per share
Holdings after transaction: 24,350 shares
+1 more
4 metrics
Stock grant
6,000 shares
Common stock award on May 14, 2026
Grant reference price
$6.67 per share
Reported transaction price for the 6,000-share award
Holdings after transaction
24,350 shares
Common stock directly held by Kramer after the grant
Par value
$0.125 per share
Par value of NL Industries common stock
Key Terms
Non-Employee Director Stock Plan, Common Stock $0.125 par value per share, grant/award acquisition, Form 4
4 terms
Non-Employee Director Stock Plan financial
"Shares issued for no cash consideration to directors under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan"
grant/award acquisition financial
"Transaction action described as grant/award acquisition of common stock"
Form 4 regulatory
"Insider transaction reported in a Form 4 filing for NL Industries"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did NL (NL) director Kevin B. Kramer report?
Kevin B. Kramer reported receiving a grant of 6,000 shares of NL Industries common stock. The award was classified as a grant or other acquisition and increased his directly held stake to 24,350 shares following the transaction.
What plan was used for Kevin B. Kramer’s NL (NL) stock award?
The shares were issued under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan. This plan provides stock awards to non-employee directors, and in this case granted 6,000 shares to Kramer with no cash consideration required.