Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | MRC | Common Stock | 17.9K | Nov 3, 2022 | Direct | F1 |
Id | Content |
---|---|
F1 | On November 3, 2022, due to a system error, the company mistakenly forfeited shares from director Ronald L. Jadin's vested restricted stock to satisfy U.S. federal tax obligations as an employee. Director Ronald L. Jadin is not an employee subject to tax withholding obligations, and these shares should not have been forfeited. Pursuant to power of attorney, a Form 4 was filed on November 7, 2022 to show the forfeited shares. The company has corrected this erroneous transaction, and this amendment to the Form 4 is being filed to reflect the correction and show that all of the shares were vested to the director on November 3, 2022, and no shares have been forfeited. |