Director Turner receives 6,000-share stock grant at NL Industries (NYSE: NL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NL Industries director Dr. R. Gerald Turner received a stock award of 6,000 common shares on May 14, 2026. The shares were issued for no cash consideration under the NL Industries, Inc. 2023 Non-Employee Director Stock Plan, reflecting routine equity-based compensation for board service.
Each share was valued at $6.67 for reporting purposes, and following this grant Dr. Turner directly holds 9,739 NL Industries common shares. This filing records a compensation-related acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TURNER R GERALD DR
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 — 9,739 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,000 shares
Grant value per share: $6.67 per share
Shares owned after grant: 9,739 shares
+1 more
4 metrics
Shares granted
6,000 shares
Common Stock grant on May 14, 2026
Grant value per share
$6.67 per share
Reporting value for the 6,000-share award
Shares owned after grant
9,739 shares
Total direct holdings following the transaction
Par value
$0.125 per share
Par value of NL Industries common stock
Key Terms
Grant, award, or other acquisition, NL Industries, Inc. 2023 Non-Employee Director Stock Plan, Common Stock $0.125 par value per share, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
NL Industries, Inc. 2023 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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 Industries Inc) report for Dr. R. Gerald Turner?
NL Industries reported that director Dr. R. Gerald Turner received 6,000 shares of common stock as an equity award. The shares were granted for no cash consideration under the 2023 Non-Employee Director Stock Plan as routine director compensation.
Was the NL director’s Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant/award acquisition, not an open-market purchase. The 6,000 NL Industries shares were issued for no cash consideration to Dr. Turner under the 2023 Non-Employee Director Stock Plan as part of his director compensation.
What is the NL Industries 2023 Non-Employee Director Stock Plan mentioned in the Form 4?
The NL Industries 2023 Non-Employee Director Stock Plan is the program under which non-employee directors receive equity awards. In this filing, 6,000 common shares were issued to Dr. Turner for no cash consideration as part of his director compensation.