Ascent Industries (ACNT) director reports disposition of 9,326 shares
Rhea-AI Filing Summary
Christopher Gerald Hutter, a director of Ascent Industries Co. (ACNT), reported selling a total of 9,326 shares of the issuer's common stock on 08/26/2025 at a weighted-average price of $12.02 per share (sales executed at prices between $12.00 and $12.09). After the reported disposition, the reporting person beneficially owns 268,994 shares in total, including 211,615 shares indirectly through a revocable trust. The filing notes the weighted-average price and offers to provide a breakdown of the number of shares sold at each price on request.
Positive
- None.
Negative
- None.
Insights
TL;DR: A director executed a modest sell order; remaining holdings remain substantial and mostly held indirectly.
The sale of 9,326 shares represents a small fraction of the director's total beneficial holdings of 268,994 shares, suggesting this transaction is likely a routine disposition rather than a material change in ownership. The reported weighted-average price was $12.02, with individual sale prices ranging $12.00–$12.09. The filing discloses that 211,615 shares are held indirectly via a revocable trust, which is important for understanding control and voting influence.
TL;DR: Insider sale disclosed appropriately; indirect holdings through a revocable trust maintain significant beneficial ownership.
The Form 4 shows timely disclosure of an insider sale by a director. Post-transaction beneficial ownership remains concentrated, with the majority held indirectly through a revocable trust, which can affect governance dynamics and voting alignment. The issuer was provided the weighted-average sale price and an offer to supply per-price quantities if requested, meeting typical disclosure expectations.