Xu Ting 4
Research Summary
AI-generated summary
NewMarket (NEU) Director Xu Ting Receives 157-Share Award
What Happened
- Xu Ting, a director of NewMarket Corporation (NEU), received an award of 157 shares on July 1, 2026. The reported acquisition price is $0.00, meaning the shares were issued as a grant rather than purchased.
- This appears to be a routine annual stock grant to a non-employee director as part of director compensation, not an open-market buy or sale.
Key Details
- Transaction date and filing: 2026-07-01 (Form 4 filed same day, appears timely).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 157; Price per share reported: $0.00; total reported cash paid: $0.
- Shares owned after transaction: Not reported on the form.
- Footnote: F1 — Represents annual stock grant to non-employee directors; shares issued under the NewMarket Corporation 2023 Incentive Compensation and Stock Plan.
- No 10b5-1 plan, tax-withholding sale, or option exercise noted.
Context
- Director equity awards are common as part of compensation for non-employee board members and typically reflect compensation policy rather than a personal market view. Such grants may be subject to the company’s plan rules (e.g., vesting or transfer restrictions), which are not detailed in this filing.