Addus HomeCare (ADUS) insider sells 1,083 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Addus HomeCare Corp executive David W. Tucker reported selling company stock in two open-market transactions. As EVP and Chief Strategy Officer, he sold 704 shares of common stock on February 24 at $107.35 per share and 379 shares on February 25 at $105.36 per share.
These sales, totaling 1,083 shares, were made pursuant to a previously established Rule 10b5-1 trading plan to satisfy tax obligations arising from the vesting of restricted stock awards granted by Addus. Following the most recent sale, Tucker directly holds 10,423 shares of Addus common stock.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 1,083 shares ($115,506)
Net Sell
2 txns
Insider
TUCKER DAVID W.
Role
EVP, Chief Strategy Officer
Sold
1,083 shs ($116K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 379 | $105.36 | $40K |
| Sale | Common Stock | 704 | $107.35 | $76K |
Holdings After Transaction:
Common Stock — 10,423 shares (Direct)
Footnotes (1)
- 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. Adoption date of referenced 10b5-1(c) plan is: 03/13/2025
FAQ
What insider transaction did Addus HomeCare (ADUS) executive David W. Tucker report?
David W. Tucker reported selling shares of Addus HomeCare common stock in two open-market transactions. The sales were disclosed on a Form 4 and relate to stock previously granted to him as restricted stock awards by the company.
What is a Rule 10b5-1 trading plan in the context of Addus (ADUS) insider sales?
A Rule 10b5-1 trading plan is a pre-arranged program for trading company stock, set up when the insider is not aware of material nonpublic information. The filing notes Tucker’s plan was adopted on March 13, 2025, and governed these particular tax-related sales.
What role does David W. Tucker hold at Addus HomeCare (ADUS)?
David W. Tucker serves as Executive Vice President and Chief Strategy Officer at Addus HomeCare. His role is identified in the insider filing, which classifies him as an officer of the company rather than a director or 10% beneficial owner.