Arcos Dorados (NYSE: ARCO) director sells 20,000 shares at $9.01
Rhea-AI Filing Summary
Arcos Dorados Holdings Inc. director Carlos Hernandez Artigas reported an open-market sale of 20,000 Class A common shares at $9.01 per share. Following the sale, he holds 29,774 shares directly, plus 2,569 shares in a Simplified Employee Pension account and 291,211 shares through Marlies Capital LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares
Net Sell
3 txns
Insider
Hernandez Artigas Carlos
Role
Director
Sold
20,000 shs ($180K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common share | 20,000 | $9.01 | $180K |
| holding | Class A common share | -- | -- | -- |
| holding | Class A common share | -- | -- | -- |
Holdings After Transaction:
Class A common share — 29,774 shares (Direct);
Class A common share — 291,211 shares (Indirect, Held by Marlies Capital LLC);
Class A common share — 2,569 shares (Indirect, Held in a Simplified Employee Pension account)
Key Figures
Shares sold: 20,000 shares
Sale price: $9.01 per share
Direct holdings after sale: 29,774 shares
+2 more
5 metrics
Shares sold
20,000 shares
Open-market sale of Class A common shares
Sale price
$9.01 per share
Price for 20,000 shares sold
Direct holdings after sale
29,774 shares
Class A common shares held directly post-transaction
SEP account holdings
2,569 shares
Indirect Class A holdings in Simplified Employee Pension account
Marlies Capital LLC holdings
291,211 shares
Indirect Class A holdings via Marlies Capital LLC
Key Terms
open-market sale, Class A common share, Simplified Employee Pension account, indirect ownership, +1 more
5 terms
open-market sale financial
"reported an open-market sale of 20,000 Class A common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Simplified Employee Pension account financial
"2,569 shares in a Simplified Employee Pension account"
indirect ownership financial
"He also has indirect holdings of 2,569 shares in a Simplified Employee Pension account"
Form 4 regulatory
"This was reported as an open-market or private transaction under transaction code S on the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ARCO director Carlos Hernandez Artigas report?
Carlos Hernandez Artigas reported selling 20,000 Arcos Dorados Class A common shares in an open-market transaction at $9.01 per share. The Form 4 also shows his remaining direct and indirect shareholdings after the sale.
Does the Arcos Dorados Form 4 show any derivative security exercises?
No, the Form 4 does not report any derivative security exercises. The derivative summary is empty, and the only transactional entry is an open-market sale of 20,000 Class A common shares at $9.01 per share.