Director Sandra L. Phillips awarded additional MSA (MSA) common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MSA Safety Inc director Sandra L. Phillips received a small equity award in the form of company stock. On the reported date, she acquired 7.615 shares of MSA common stock as a grant or award at no stated purchase price. After this compensation-related transaction, she directly holds a total of 8,038.297 MSA common shares. This is a routine insider equity award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Phillips Sandra L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, no par value | 7.615 | $0.00 | -- |
Holdings After Transaction:
Common Stock, no par value — 8,038.297 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MSA (MSA) director Sandra L. Phillips report?
Sandra L. Phillips reported receiving a small grant of 7.615 shares of MSA common stock. The Form 4 characterizes this as a grant or award acquisition, reflecting routine equity-based compensation rather than an open-market trade in MSA Safety Inc shares.
Was the MSA (MSA) insider transaction a market purchase or sale?
The transaction was not an open-market purchase or sale. It is coded as an award or other acquisition, indicating a compensation-related grant of 7.615 MSA common shares rather than a discretionary trade executed in the public market.
What does the transaction code on Sandra L. Phillips’ MSA Form 4 mean?
The Form 4 uses transaction code “A,” which denotes a grant, award, or other acquisition. This means the 7.615 MSA shares were received as an equity award, typically part of director compensation, instead of being bought directly on the open market.
Is the MSA Safety Inc (MSA) insider grant considered a large transaction?
The reported grant of 7.615 MSA common shares is relatively small and appears routine. It reflects standard equity compensation for a director, rather than a sizeable strategic purchase or sale that would significantly alter Sandra L. Phillips’ ownership position in the company.