Ardmore Shipping (NYSE: ASC) president sells 8,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardmore Shipping Corp President Bart B. Kelleher executed an open-market sale of 8,000 shares of common stock at a weighted average price of $19.07 per share on May 5, 2026, under a pre-arranged Rule 10b5-1 trading plan. Following this transaction, he directly holds 60,039 shares of Ardmore Shipping common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,000 shares ($152,560)
Net Sell
1 txn
Insider
Kelleher Bart B
Role
President
Sold
8,000 shs ($153K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,000 | $19.07 | $153K |
Holdings After Transaction:
Common Stock — 60,039 shares (Direct, null)
Footnotes (1)
- The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kelleher on September 12, 2025. The price in Column 4 is a weighted average sale price. The prices actually received ranged from $19.00 to $19.13. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
Key Figures
Shares sold: 8,000 shares
Weighted average sale price: $19.07 per share
Sale price range: $19.00–$19.13 per share
+1 more
4 metrics
Shares sold
8,000 shares
Open-market sale on May 5, 2026
Weighted average sale price
$19.07 per share
Common stock sale on May 5, 2026
Sale price range
$19.00–$19.13 per share
Range of prices received in the reported sale
Shares owned after transaction
60,039 shares
Direct holdings following the May 5, 2026 sale
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kelleher on September 12, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price in Column 4 is a weighted average sale price."
open-market sale financial
"transaction_action: open-market sale"
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.
FAQ
What insider transaction did Ardmore Shipping (ASC) report for Bart B. Kelleher?
Ardmore Shipping reported that President Bart B. Kelleher sold 8,000 shares of common stock. The sale was an open-market transaction executed at a weighted average price of $19.07 per share on May 5, 2026, under an existing Rule 10b5-1 trading plan.
Was the Ardmore Shipping (ASC) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that Bart B. Kelleher’s 8,000-share sale was effected pursuant to a Rule 10b5-1 trading plan. That plan was adopted on September 12, 2025, indicating the sale was pre-scheduled rather than a discretionary market-timing decision.
What does the price range in Bart B. Kelleher’s Ardmore Shipping sale mean?
The filing notes the reported $19.07 is a weighted average sale price. Individual transactions occurred between $19.00 and $19.13 per share. The company can provide details on the number of shares sold at each specific price within that range upon request.