Montrose (MEG) director gifts 74,461 shares, retains 618,616 stake
Rhea-AI Filing Summary
Montrose Environmental Group director Richard E. Perlman reported a bona fide gift of 74,461 shares of Common Stock. The gift was made at no stated price per share. After this disposition, he directly holds 618,616 shares, so he retains a substantial ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 74,461 | $0.00 | -- |
Footnotes (1)
FAQ
What insider transaction did Montrose Environmental Group (MEG) report?
Montrose Environmental Group reported that director Richard E. Perlman made a bona fide gift of 74,461 shares of Common Stock. This was recorded at a price of $0.00 per share, indicating a non-cash, charitable or personal transfer rather than a market sale.
Was the Montrose (MEG) insider transaction a sale or a gift?
The transaction was reported as a bona fide gift, not a sale. The Form 4 uses transaction code G and describes the action as a gift transfer, with a per-share price of $0.00, indicating no cash consideration changed hands in this disposition.
Who is the insider involved in the latest Montrose (MEG) Form 4 filing?
The insider is Richard E. Perlman, a director of Montrose Environmental Group. He reported a single non-derivative transaction involving a bona fide gift of 74,461 shares of Common Stock, while retaining direct ownership of 618,616 shares after the transfer.
Does the Montrose (MEG) Form 4 show any stock option exercises or derivative trades?
No derivative transactions are reported in this Form 4. The filing shows only one non-derivative transaction: a bona fide gift of 74,461 shares of Common Stock. The derivativeSummary section is empty, indicating no options or similar instruments were exercised in this report.
What does transaction code G mean in the Montrose (MEG) Form 4?
Transaction code G on the Form 4 indicates a bona fide gift. In this case, it reflects Richard E. Perlman’s transfer of 74,461 Montrose Environmental Group Common Stock shares without consideration, at a reported price of $0.00 per share, rather than an open-market sale.