Director at Ardmore Shipping (NYSE: ASC) sells 12,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardmore Shipping Corp director Kirsi Tikka sold 12,000 shares of Common Stock in an open-market transaction. The sale took place on May 12, 2026 at a weighted average price of $18.93 per share, with actual prices ranging from $18.76 to $19.10. After this transaction, Tikka directly holds 35,471 shares of Ardmore Shipping Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,000 shares ($227,160)
Net Sell
1 txn
Insider
Tikka Kirsi
Role
null
Sold
12,000 shs ($227K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,000 | $18.93 | $227K |
Holdings After Transaction:
Common Stock — 35,471 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 12,000 shares
Weighted average sale price: $18.93 per share
Sale price range: $18.76–$19.10 per share
+1 more
4 metrics
Shares sold
12,000 shares
Open-market sale of Common Stock on May 12, 2026
Weighted average sale price
$18.93 per share
Average price for 12,000 shares sold
Sale price range
$18.76–$19.10 per share
Range of actual sale prices across multiple trades
Shares owned after transaction
35,471 shares
Direct holdings of Kirsi Tikka following the sale
Key Terms
weighted average sale price, open-market sale, Common Stock
3 terms
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Ardmore Shipping Corp (ASC) report?
Ardmore Shipping Corp reported that director Kirsi Tikka sold 12,000 shares of Common Stock. The transaction was an open-market sale and left her with 35,471 shares held directly in the company.
Was the Ardmore Shipping (ASC) insider transaction an open-market sale?
Yes, the Form 4 describes the transaction as an open-market sale of Ardmore Shipping Common Stock. The sale used transaction code “S,” which denotes a sale in the open market or a private transaction under SEC reporting rules.
What does the weighted average sale price mean in the ASC Form 4?
The weighted average sale price of $18.93 means multiple trades occurred between $18.76 and $19.10. The insider notes they will provide details on the number of shares sold at each price within this range upon request.