GOTTWALD BRUCE C 4
Research Summary
AI-generated summary
NewMarket (NEU) 10% Owner Bruce C. Gottwald Gifts 3,000 Shares
What Happened Bruce C. Gottwald, a reported 10% owner of NewMarket Corp (NEU), disposed of 3,000 shares on February 18, 2026 via a gift (transaction code G). The reported price is $0.00, so there were no sales proceeds from this transfer. A related footnote notes that on February 11, 2026, 304,014 shares were transferred out of a 2025 GRAT as an annuity payment into the reporting person's directly held account.
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20) — filing appears timely.
- Transaction type/code: Gift (G); price reported $0.00; proceeds $0.
- Shares disposed: 3,000.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Notable footnote: 304,014 shares were moved from the 2025 GRAT to the reporting person's directly held account on Feb 11, 2026.
- Insider status: 10% owner (significant holder), not a routine executive open-market sale.
Context Gifts are transfers for estate/planning or personal reasons and do not necessarily indicate the insider’s view of the company’s prospects. For 10% owners, these transactions often reflect wealth/estate management rather than trading on inside information.