Prange Karen 4
Research Summary
AI-generated summary
Embecta (EMBC) Director Karen Prange Receives 22,841-Share Award
What Happened
- Karen Prange, a director of Embecta Corp. (EMBC), was granted/acquired 22,841 shares on February 11, 2026. The Form 4 reports the acquisition as an award (transaction code A) with a reported price/value of $0.00 (non‑cash award/stock dividend per the filing footnote).
Key Details
- Transaction date: 2026-02-11; Transaction type: Award/Acquisition (code A).
- Shares acquired: 22,841; Price reported on Form 4: $0.00 (non-cash award).
- Shares owned after transaction: not disclosed in this filing.
- Footnote: The reported share count includes shares received as stock dividends (Footnote F1).
- Filing: Form 4 filed on 2026-02-13 for the Feb 11 transaction; this filing appears timely (within the typical 2-business-day reporting window).
- Remarks: A Power of Attorney dated November 29, 2023 is incorporated by reference.
Context
- This was an award/stock dividend, not an open-market purchase or sale—such grants are typically part of director compensation or dividend distributions and are recorded at $0 on the Form 4 even though the shares have market value.
- Awards and dividends do not necessarily signal buying/selling intent by the insider; they are routine corporate or compensation actions rather than directional insider trades.