Piazza Nicholas J. 4
Research Summary
AI-generated summary
Emerson (EMR) Senior VP Nicholas J. Piazza Sells 6,703 Shares
What Happened
Nicholas J. Piazza, Senior Vice President & Chief Procurement Officer of Emerson Electric Co. (EMR), sold 6,703 shares in an open-market transaction on February 9, 2026. The reported weighted-average sale price was $159.07 per share, for total proceeds of approximately $1,066,245. This was a sale (not a purchase or option exercise), which is generally treated as routine insider selling unless otherwise noted.
Key Details
- Transaction date: 2026-02-09 (filed on 2026-02-11). Filing appears timely (filed two days after the trade).
- Transaction type: Open market sale (code S).
- Shares sold: 6,703 at a reported weighted-average price of $159.07.
- Total proceeds: ~$1,066,245.
- Price range: trades occurred at prices between $159.18 and $159.05; the weighted-average is reported with a footnote offering to provide per-trade details on request.
- Shares owned after the transaction: Not disclosed in this filing.
- No 10b5-1 plan, option exercise, gift, or tax-withholding notation included in the filing.
Context
Sales by executives can reflect many reasons (diversification, liquidity, preplanned programs, etc.); they do not necessarily indicate a change in company outlook. Purchases are typically more directly interpreted as a bullish signal. This filing shows a routine open-market sale with a detailed footnote on the price breakdown.