Ascent Industries (ACNT) Director Reports 2,100-Share Sale at $12.07
Rhea-AI Filing Summary
Christopher Gerald Hutter, a director of Ascent Industries Co. (ACNT), reported the sale of 2,100 shares of common stock on 08/28/2025 at a weighted-average price of $12.07 per share (individual transaction prices ranged from $12.00 to $12.15). The filing shows beneficial ownership following the reported transactions of 266,894 shares held indirectly through a revenue trust and 211,615 shares held directly. The reporter certified willingness to provide breakdown of the number of shares sold at each price within the disclosed range.
Positive
- Timely, signed Form 4 filing disclosing the insider sale and post-transaction beneficial ownership
- Detailed footnote explaining the weighted-average price and offering to provide per-transaction breakdown on request
Negative
- None.
Insights
TL;DR: Director sold a small block of shares; beneficial ownership remains substantial and disclosure complies with Section 16 reporting.
The sale of 2,100 shares at a weighted average of $12.07 appears routine and the filing documents both direct and indirect holdings post-transaction: 211,615 shares direct and 266,894 indirect via a revenue trust. There is no derivative activity reported. From a securities perspective this is a standard Section 16 disclosure showing transparency about insider activity; the filing also includes the required footnote about the weighted-average price range.
TL;DR: Filing is complete and signed, showing compliance; the reported sale does not, on its face, indicate governance or control changes.
The Form 4 is signed and provides the required explanation about the weighted-average sale price and the reporter's willingness to provide further details. Ownership remains split between direct and indirect holdings, and no amendments or derivative transactions are disclosed. This record shows ongoing compliance with insider reporting rules rather than a material corporate governance event.