Newpark Resources (NR) CFO Piontek acquired 135,351 shares
Insider transactions reported
Gregg Piontek (Senior Vice President and CFO at Newpark Resources Inc., NR) reported that they acquired 135,351 shares, and gave up 53,259 shares at $8.48 to cover taxes or an exercise price on Jun 1, 2024. After these transactions the filing shows 791,530 shares held directly.
- Reporting person
- Piontek Gregg
- Role
- Senior Vice President and CFO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 1, 2024 | Exercise or conversion of a derivative (M) | Common Stock1 | +135,351 | - | - | 844,789 direct |
| Jun 1, 2024 | Shares withheld for taxes or exercise price (F) | Common Stock2 | -53,259 | avg $8.48 | $452K | 791,530 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 1, 2024 | Exercise or conversion of a derivative (M) | Restricted Stock UnitsOn 135,351 Common Stock4, 5 | -135,351 | - | - | 124,548 direct |
Holdings before and after
- Common Stock: 709,438 to 791,530 direct
- Restricted Stock Units: 259,899 to 124,548 direct
Other positions listed
- Common Stock: 65,000 indirect, by IRA
Footnotes from the filing
- 1. Restricted stock units convert into common stock on a one-for-one basis.
- 2. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- 3. These shares are indirectly held by Trust.
- 5. The restricted stock units vest in increments of one-third of the shares on June 1 of each subsequent year after grant.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Piontek report in this NR Form 4?
Gregg Piontek (Senior Vice President and CFO at Newpark Resources Inc., NR) reported that they acquired 135,351 shares, and gave up 53,259 shares at $8.48 to cover taxes or an exercise price on Jun 1, 2024. After these transactions the filing shows 791,530 shares held directly.
How many NR shares does Piontek hold after this filing?
The filing shows 791,530 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for NR
Earlier insider filings at NR
- Jun 4, 2024Paterson David A converted options into 94,643 shares and covered exercise/tax liability with 24,177 shares, increasing direct ownership by 22% to 386,245 units (SEC Form 4)
- Jun 4, 2024White Douglas L converted options into 50,666 shares and covered exercise/tax liability with 12,336 shares, increasing direct ownership by 18% to 256,765 units (SEC Form 4)
- Jun 4, 2024Lanigan Matthew converted options into 245,930 shares and covered exercise/tax liability with 96,772 shares, increasing direct ownership by 24% to 758,599 units (SEC Form 4)
- Jun 4, 2024Fruge Mary Celeste converted options into 17,274 shares and covered exercise/tax liability with 19,913 shares, decreasing direct ownership by 1% to 225,606 units (SEC Form 4)
- Jun 4, 2024Briggs Lori covered exercise/tax liability with 26,260 shares and converted options into 66,737 shares, increasing direct ownership by 27% to 189,810 units (SEC Form 4)
- Market cap
- 30-day
- Sector
- Industrials
- Industry
- Metal Fabrications
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