Gottwald Amends Newmarket Corp Stake Filing
Ticker: NEU · Form: SC 13D/A · Filed: Nov 27, 2024 · CIK: 1282637
Sentiment: neutral
Topics: schedule-13d, amendment, shareholder-filing
Related Tickers: NEWM
TL;DR
Gottwald updated his Newmarket Corp filing on 11/27. Still watching.
AI Summary
Thomas E. Gottwald filed an amendment (No. 1) to his Schedule 13D on November 27, 2024, regarding his beneficial ownership of Newmarket Corporation common stock. The filing indicates a change in the date as of which the information is reported to November 27, 2024. Gottwald is associated with the company's business address at 330 S Fourth St, Richmond, VA.
Why It Matters
This amendment signals a potential change or update in a significant shareholder's position or intentions regarding Newmarket Corporation, which could influence stock price and corporate strategy.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings can indicate shifts in a major shareholder's strategy, potentially impacting the company's stock and future operations.
Key Numbers
- 20241127 — Filing Date (Date of the amendment filing and date as of change)
Key Players & Entities
- Thomas E. Gottwald (person) — Filing person and beneficial owner
- Newmarket Corporation (company) — Subject company
- 330 S Fourth St, Richmond, VA (location) — Business and mailing address for Newmarket Corporation and Gottwald
FAQ
What specific changes are detailed in Amendment No. 1 to the Schedule 13D filing?
The filing is an amendment (No. 1) to the Schedule 13D, with the date as of change updated to November 27, 2024. Specific details of changes beyond the date update are not explicitly detailed in the provided excerpt.
Who is the filing person for this Schedule 13D/A?
The filing person is Thomas E. Gottwald.
What is the CUSIP number for Newmarket Corporation's common stock?
The CUSIP number for Newmarket Corporation's common stock is 651587 10 7.
What is the primary business of Newmarket Corporation?
Newmarket Corporation's Standard Industrial Classification is 'INDUSTRIAL ORGANIC CHEMICALS [2860]'.
What is the reported business address for Newmarket Corporation?
The business address for Newmarket Corporation is 330 S Fourth St, PO Box 2189, Richmond, VA 23218-2189.
Filing Stats: 677 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-11-27 06:30:55
Filing Documents
- d864760dsc13da.htm (SC 13D/A) — 24KB
- 0001193125-24-266520.txt ( ) — 25KB
(a) is hereby amended and restated as follows
Item 5(a) is hereby amended and restated as follows: As of November 26, 2024, the Reporting Person beneficially owns 607,635 Shares, which represents approximately 6.3% of the outstanding Shares. This percentage calculation is based on a total number of outstanding shares of Common Stock of 9,577,446 as of November 21, 2024, which number was provided to the Reporting Person by the Issuer. The first sentence of Item 5(b) is hereby amended and restated as follows: The Reporting Person has sole voting and dispositive power with respect to 581,881 of the Shares described in Item 5(a) above and shared voting and dispositive power with respect to 25,754 of the Shares described in Item 5(a) above (the Shared Shares).
(c) is hereby
Item 5(c) is hereby amended and restated as follows: On November 26, 2024, the Reporting Person received 65,143 Shares upon the termination of a grantor retained annuity trust established by the Reporting Persons father, which terminated in accordance with its terms. The Reporting Person was one of the remaindermen of the trust. Also on November 26, 2024, a grantor retained annuity trust established by the Reporting Person terminated in accordance with its terms and the 11,940 Shares remaining in the trust were transferred to the remaindermen of the trust in accordance with the terms of the trust. The Reporting Person has not engaged in any other transactions in Shares in the past 60 days, other than regular, periodic purchases of Shares by the plan trustee pursuant to the Savings Plan for the Employees of NewMarket Corporation and Affiliates (the Savings Plan). Item7. Material to be Filed as Exhibits
is hereby amended to add the following
Item 7 is hereby amended to add the following: 5. 2023 Incentive Compensation and Stock Plan (incorporated by reference to Exhibit 10.1 to the Issuers Quarterly Report on Form 10-Q (File No. 1-32190) filed July 27, 2023.
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 27, 2024 /s/ Thomas E. Gottwald Thomas E. Gottwald