ABM (ABM) COO Rene Jacobsen sells 9,339 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ABM Industries executive Rene Jacobsen, EVP & Chief Operating Officer, sold 9,339 shares of common stock on February 9, 2026 at a weighted average price of $47.2281 per share. The transaction was coded as a sale and left him with 41,626 shares held directly.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan, which allows insiders to schedule trades in advance. The reported share balance includes stock acquired through dividend reinvestment transactions that are exempt from certain insider trading reporting rules.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,339 shares ($441,063)
Net Sell
1 txn
Insider
JACOBSEN RENE
Role
EVP & Chief Operating Officer
Sold
9,339 shs ($441K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,339 | $47.2281 | $441K |
Holdings After Transaction:
Common Stock — 41,626 shares (Direct)
Footnotes (1)
- The sale of shares reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.895 to $47.415, inclusive. The reporting person undertakes to provide ABM Industries Incorporated, any security holder of ABM Industries Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 of this Form 4. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
FAQ
What insider transaction did ABM (ABM) report for Rene Jacobsen?
ABM reported that EVP & Chief Operating Officer Rene Jacobsen sold 9,339 shares of common stock. The sale occurred on February 9, 2026 under a Rule 10b5-1 trading plan at a weighted average price of $47.2281 per share.
Was the ABM (ABM) insider sale by Rene Jacobsen part of a trading plan?
Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan. Such plans allow insiders to prearrange share sales, helping separate personal trading decisions from the timing of potentially material nonpublic information.
What does the transaction code 'S' mean in the ABM (ABM) Form 4 filing?
In this Form 4, the transaction code “S” indicates an open-market or private sale of ABM common stock. It confirms that the 9,339-share movement on February 9, 2026 was a disposition of shares rather than an acquisition or option-related event.