STOCK TITAN

ABM (NYSE: ABM) CEO executes 50,000-share Rule 10b5-1 stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

ABM Industries President and CEO Scott B. Salmirs reported open-market sales of 50,000 shares of ABM common stock. The transactions on 2026-06-12 comprised 39,576 shares at a weighted average price of $46.2492 and 10,424 shares at a weighted average price of $46.6859.

The filing notes these sales were executed under a pre-arranged Rule 10b5-1 trading plan that Salmirs entered into on December 24, 2025, indicating the timing was set in advance. The prices reflect multiple trades within ranges from $45.60 to $46.77, and the shares sold were held directly as common stock.

Positive

  • None.

Negative

  • None.
Insider SALMIRS SCOTT B
Role President and CEO
Sold 50,000 shs ($2.32M)
Type Security Shares Price Value
Sale Common Stock 10,424 $46.6859 $487K
Sale Common Stock 39,576 $46.2492 $1.83M
Holdings After Transaction: Common Stock — 434,861 shares (Direct, null)
Footnotes (1)
  1. The sales of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 24, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.61 to $46.77, 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 2 of this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.60 to $46.595, 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 3 of this Form 4. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
Shares sold (total) 50,000 shares Open-market sales on June 12, 2026
First sale size 39,576 shares Common stock sold at weighted avg $46.2492
First sale price $46.2492/share Weighted average price, multiple trades
Second sale size 10,424 shares Common stock sold at weighted avg $46.6859
Second sale price $46.6859/share Weighted average price, multiple trades
Price range lot 1 $46.61–$46.77 Range for trades in first reported sale
Price range lot 2 $45.60–$46.595 Range for trades in second reported sale
10b5-1 plan date December 24, 2025 Date CEO entered Rule 10b5-1 trading plan
Rule 10b5-1 trading plan regulatory
"The sales of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Section 16 regulatory
"Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-11 regulatory
"transactions exempt from Section 16 pursuant to Rule 16a-11."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SALMIRS SCOTT B

(Last)(First)(Middle)
ONE LIBERTY PLAZA
7TH FL

(Street)
NEW YORK NEW YORK 10006

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ABM INDUSTRIES INC /DE/ [ ABM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/12/2026S(1)10,424D$46.6859(2)434,861D
Common Stock06/12/2026S(1)39,576D$46.2492(3)395,285(4)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 24, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.61 to $46.77, 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 2 of this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.60 to $46.595, 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 3 of this Form 4.
4. Includes shares acquired pursuant to dividend reinvestment in transactions exempt from Section 16 pursuant to Rule 16a-11.
By: David R. Goldman, by power of attorney06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did ABM (ABM) CEO Scott B. Salmirs report in this Form 4?

ABM President and CEO Scott B. Salmirs reported selling a total of 50,000 shares of ABM common stock. The sales were open-market transactions executed on June 12, 2026, at weighted average prices in the mid-$40s per share.

How many ABM (ABM) shares did the CEO sell and at what prices?

Scott B. Salmirs sold 39,576 shares at a weighted average price of $46.2492 and 10,424 shares at $46.6859. Footnotes state these were multiple trades within price ranges from $45.60 to $46.77 per share.

Was the ABM (ABM) CEO’s 50,000-share sale pre-planned?

Yes. The filing states the 50,000-share sale was carried out under a Rule 10b5-1 trading plan. Salmirs entered this plan on December 24, 2025, meaning the trade timing was scheduled in advance rather than decided on the transaction date.

What type of transactions are reported in this ABM (ABM) Form 4?

The Form 4 reports two open-market sales of ABM common stock, coded as “S” transactions. Both involve non-derivative common shares directly owned by Scott B. Salmirs, with no option exercises or derivative conversions disclosed in this filing.

Does the ABM (ABM) Form 4 mention dividend reinvestment shares?

Yes. A footnote notes that the CEO’s holdings include shares acquired through dividend reinvestment. These transactions are described as exempt from Section 16 reporting under Rule 16a-11, and are separate from the 50,000 shares sold.