Stevanato (NYSE: STVN) director gets share grant, sells some for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stevanato Group S.p.A. director Donald E. Morel Jr. reported two transactions in Ordinary Shares. He received 4,975 shares as equity compensation for board service, then sold 1,493 shares at $17.09 per share to cover tax obligations tied to that grant. After these moves, he directly holds 37,424 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,493 shares ($25,515)
Net Sell
2 txns
Insider
MOREL DONALD E JR
Role
null
Sold
1,493 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,493 | $17.09 | $26K |
| Grant/Award | Ordinary Shares | 4,975 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 37,424 shares (Direct, null)
Footnotes (1)
- Represents ordinary shares granted as equity compensation in connection with the Reporting Person's service as director. Represents ordinary shares sold by the Reporting Person to cover tax obligations associated with the grant of ordinary shares.
Key Figures
Shares granted: 4,975 shares
Shares sold: 1,493 shares
Sale price: $17.09 per share
+2 more
5 metrics
Shares granted
4,975 shares
Equity compensation grant of Ordinary Shares
Shares sold
1,493 shares
Sale to cover tax obligations on grant
Sale price
$17.09 per share
Average price for 1,493-share sale
Post-transaction holdings
37,424 shares
Ordinary Shares held directly after transactions
Net shares sold
1,493 shares
Net sell direction from transaction summary
Key Terms
equity compensation, tax obligations, Ordinary Shares, Grant, award, or other acquisition
4 terms
equity compensation financial
"Represents ordinary shares granted as equity compensation in connection with the Reporting Person's service as director."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
tax obligations financial
"Represents ordinary shares sold by the Reporting Person to cover tax obligations associated with the grant of ordinary shares."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transactions did STVN director Donald Morel report?
Donald Morel reported receiving 4,975 Stevanato Group Ordinary Shares as equity compensation and selling 1,493 shares. The sale was undertaken specifically to cover tax obligations related to the grant, rather than as a discretionary portfolio trade.
Was the Stevanato Group (STVN) insider sale an open-market disposal?
The filing lists the 1,493-share transaction as a sale, but the footnote explains it was to cover tax obligations on the equity grant. This indicates a mechanistic tax-related sale rather than a purely discretionary open-market disposition.