Karsanbhai Surendralal Lanca 4
Research Summary
AI-generated summary
Emerson (EMR) CEO Karsanbhai Lanca Gifts 5,578 Shares
What Happened
Karsanbhai Surendralal Lanca, Emerson Electric Co.'s President & CEO and a Director, reported a gift transaction on Feb 5, 2026. He transferred (gifted) 5,578 shares of EMR into a revocable trust of which he and his spouse are co‑trustees. The filing shows both a disposition and an acquisition entry because the shares moved from his personal holdings into the trust.
Key Details
- Transaction date: 2026-02-05; Form 4 filed: 2026-02-06 (filed timely within the usual two-business-day window).
- Transaction type/code: G (bona fide gift).
- Shares transferred: 5,578 shares.
- Price/Value: Not applicable for bona fide gifts (footnote F2).
- Footnote F1: Gift to a revocable trust of which the reporting person and spouse are co‑trustees.
- Shares owned after transaction: Not specified in the filing.
Context
Gifts are a non‑market transfer and do not reflect a buy/sell sentiment about the stock; they can be for estate or financial planning. This transaction appears to be an internal transfer into a revocable trust rather than a sale to a third party.