GOTTWALD THOMAS E 4
Research Summary
AI-generated summary
NewMarket (NEU) CEO Thomas E. Gottwald Gifts 211 Shares
What Happened
- Thomas E. Gottwald, Chairman, President & CEO and a director of NewMarket Corp (NEU), reported a gift (transaction code G) of 211 shares on June 18, 2026.
- The reported price per share is $0.00 and total cash proceeds are $0, consistent with a bona fide gift (a disposition, not a sale).
Key Details
- Transaction date: 2026-06-18; Form 4 filed: 2026-06-29.
- Transaction type/code: Gift (G); shares transferred: 211; reported price: $0.00; reported value: $0.
- Shares owned after the transaction: not disclosed in the filing.
- Footnotes/plan info: none reported on the Form 4.
- Timeliness: Filing was submitted more than two business days after the transaction (appears to be late), which delays public disclosure.
Context
- Gifts are transfers of shares without cash proceeds and do not necessarily indicate the insider’s view on the company’s future performance; they are often for personal, family or charitable reasons.
- Because this was a gift (not a purchase or sale for proceeds), it’s less informative about insider sentiment than a buy or sell. The late filing affects transparency but does not change the nature of the transaction.