Addus EVP CIO sells 892 shares under 10b5-1
Addus HomeCare Corp executive Michael D. Wattenbarger, EVP and Chief Information Officer, reported selling 892 shares of common stock in two open-market transactions.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Addus HomeCare Corp executive Michael D. Wattenbarger, EVP and Chief Information Officer, reported selling 892 shares of common stock in two open-market transactions. He sold 592 shares at $107.35 per share and 300 shares at $105.36 per share, all classified as direct ownership.
According to the filing, these sales were made under a previously established Rule 10b5-1 trading plan and were undertaken to satisfy tax obligations arising from the vesting of restricted stock awards granted by Addus. After these transactions, Wattenbarger directly holds 9,444 shares of Addus common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 300 | $105.36 | $32K |
| Sale | Common Stock | 592 | $107.35 | $64K |
Footnotes (2)
- F1. This transaction reflects the sale of shares, made pursuant to a previously established 10b5-1 plan, for the purpose of satisfying tax obligations due upon the vesting of restricted stock awards granted by the Issuer.
- F2. Adoption date of referenced 10b5-1(c) plan is: 03/05/2025
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did Addus HomeCare (ADUS) report for Michael D. Wattenbarger?
Were Michael D. Wattenbarger’s Addus HomeCare (ADUS) stock sales part of a 10b5-1 plan?
What is the significance of the 10b5-1 plan mentioned in the Addus HomeCare (ADUS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.