Addus HomeCare (ADUS) EVP awarded shares, sells stock to pay taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Addus HomeCare Corp EVP and Chief HR Officer Roberton James Stevenson reported a stock grant and a related share sale. On February 20, he acquired 2,858 shares of common stock as a grant, at no cost, which vest in equal installments on February 20 of 2027, 2028, and 2029, subject to continued service and potential acceleration upon a change in control. On February 23, he sold 561 shares at $114.91 per share under a pre-set Rule 10b5-1 plan to cover tax obligations from vesting restricted stock awards, leaving 14,881 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 561 shares ($64,465)
Net Sell
2 txns
Insider
Stevenson Roberton James
Role
EVP, Chief HR Officer
Sold
561 shs ($64K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 561 | $114.91 | $64K |
| Grant/Award | Common Stock | 2,858 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,881 shares (Direct)
Footnotes (1)
- The shares vest in equal installments on each of February 20, 2027, February 20, 2028, and February 20, 2029, subject to customary provisions for continued service and acceleration on a change in control. 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: 03/05/2025
FAQ
What insider transactions did Addus HomeCare (ADUS) report for Roberton James Stevenson?
Roberton James Stevenson reported both a stock grant and a small share sale. He received 2,858 common shares as an award and sold 561 shares at $114.91 per share, leaving 14,881 shares directly owned after the transactions.
How does the new Addus HomeCare (ADUS) stock grant vest for the executive?
The 2,858-share grant vests in three equal annual installments. Vesting occurs on February 20 of 2027, 2028, and 2029, and is subject to continued service and possible acceleration upon a change in control.
When was the Rule 10b5-1 plan for the Addus HomeCare (ADUS) insider sale adopted?
The Rule 10b5-1(c) trading plan was adopted on March 5, 2025. The filing’s footnote specifies this adoption date in connection with the 561-share sale used to cover tax obligations.