Addus HomeCare (ADUS) CEO stock grant and tax-driven share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Addus HomeCare Corp Chairman and CEO Allison R. Dirk reported both a stock grant and a tax-related share sale. He received a grant of 28,576 shares of common stock that vest in equal parts on February 20 of 2027, 2028, and 2029. He also sold 4,535 shares at $114.91 per share under a previously established Rule 10b5-1 plan to cover tax obligations from restricted stock vesting, and held 190,502 shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,535 shares ($521,117)
Net Sell
2 txns
Insider
ALLISON R DIRK
Role
Chairman and CEO
Sold
4,535 shs ($521K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,535 | $114.91 | $521K |
| Grant/Award | Common Stock | 28,576 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 190,502 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: 03-04-2025
FAQ
What insider transactions did Addus HomeCare (ADUS) CEO Allison R. Dirk report?
Allison R. Dirk reported a stock grant and a share sale. He received 28,576 shares of Addus HomeCare common stock and sold 4,535 shares at $114.91 each under a pre-established Rule 10b5-1 trading plan to satisfy tax obligations on vested restricted stock awards.
What is the Rule 10b5-1 trading plan mentioned in the Addus HomeCare (ADUS) Form 4?
The Rule 10b5-1 plan is a pre-arranged trading program. The filing notes the sale was made under a previously established 10b5-1(c) plan, adopted on 03-04-2025, which allowed scheduled sales to satisfy tax obligations from restricted stock vesting without ad hoc trading decisions.