Ascent Industries (ACNT) Insider Sale: 40k Shares Disposed
Rhea-AI Filing Summary
Christopher Gerald Hutter, a director of Ascent Industries Co. (ACNT), reported a sale of company common stock on 08/25/2025. The filing shows 40,000 shares disposed in one or more transactions at a weighted-average price of $12.12 (prices ranged from $12.00 to $12.27). Following the reported transactions, the form lists 278,320 shares held indirectly through a review trust and 211,615 shares held directly. The reporting person signed the form on 08/26/2025. The filer states they will provide, on request, the number of shares sold at each price within the stated range.
Positive
- Timely disclosure of the insider sale with signature dated 08/26/2025
- Price range and weighted-average provided, and offer to supply per-trade breakdown on request
Negative
- Director sale of 40,000 shares may reduce insider ownership (40,000 shares disposed at weighted $12.12)
- Filing does not specify whether the sale was pursuant to a trading plan (no 10b5-1 box checked in provided content)
Insights
TL;DR: Director sold 40,000 shares at a weighted average $12.12; remaining combined holdings are reported as 489,935 shares.
The reported sale of 40,000 shares represents a disclosed change in insider ownership on 08/25/2025. The filing gives precise transaction details including a weighted-average sale price of $12.12 and a disclosed per-trade price range of $12.00 to $12.27. Post-transaction beneficial ownership is reported separately as 278,320 shares indirect (through a trust) and 211,615 shares direct. The door remains open for market participants or regulators to request the per-price breakdown within the disclosed range.
TL;DR: A director's open-market sale was reported and the Form 4 appears properly executed and signed.
The Form 4 identifies the reporting person as a director and indicates the transaction was a sale (code S). The filing includes the required explanatory footnote about weighted-average pricing and a certification that the signer will supply detailed price breakdowns on request. The form is signed and dated, meeting procedural disclosure requirements. No amendments or additional arrangements (e.g., 10b5-1 plan box) are indicated in the provided content.