VC Form 4: Director Francis Scricco Reports 4,042-Share Sale
Rhea-AI Filing Summary
Francis M. Scricco, a director of Visteon Corporation (VC), reported two open-market stock sales on 08/19/2025. He sold 3,842 shares at $121.78 and 200 shares at $122.025. After the first sale he beneficially owned 7,342 shares and after the second sale he beneficially owned 7,142. The Form 4 was signed on behalf of Mr. Scricco by Visteon's secretary on 08/21/2025.
Positive
- Timely filing of Form 4 with signature by company secretary indicates compliance with Section 16 reporting requirements
- Clear disclosure of transaction dates, prices, and post-transaction beneficial ownership provides transparency
Negative
- None.
Insights
TL;DR Director executed routine open-market sales totaling 4,042 shares at roughly $122 per share, reducing his direct holdings to 7,142 shares.
The transactions disclosed are standard Section 16 sales by an insider and appear to be open-market dispositions rather than transfers or derivative exercises. Sale prices were $121.78 and $122.025 on the same date, which together reduced direct beneficial ownership from amounts implied by pre-sale holdings to 7,142 shares. No purchases, grants, exercise of options, or planned trading disclosures are included. This filing is informational and routine; it does not disclose company operational or financial changes.
TL;DR Director-level sale reported and properly filed; documentation shows signatures and reporting compliance.
The Form 4 lists Mr. Scricco as a director and indicates the Form was filed by one reporting person. The filing includes a signature block executed on 08/21/2025 by the company secretary, meeting reporting formalities. The disclosure shows direct ownership changes only and contains no indications of related-party transactions or control shifts. From a governance perspective, the filing reflects routine insider reporting obligations being met.