Ardmore Shipping (ASC) director sells 2,875 shares in open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardmore Shipping Corp director Curtis B. McWilliams reported selling 2,875 shares of Common Stock in open-market transactions. The sales occurred on May 12 and 13, 2026 at weighted average prices of $19.05 and $19.02 per share, respectively. A footnote explains the May 13 price reflects a weighted average, with actual prices ranging from $19.00 to $19.08. After these sales, McWilliams directly owns 77,798 shares of Ardmore Shipping common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,875 shares ($54,760)
Net Sell
2 txns
Insider
McWilliams Curtis B
Role
null
Sold
2,875 shs ($55K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 303 | $19.02 | $6K |
| Sale | Common Stock | 2,572 | $19.05 | $49K |
Holdings After Transaction:
Common Stock — 77,798 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold May 12, 2026: 2,572 shares
Shares sold May 13, 2026: 303 shares
Price range May 13 sale: $19.00–$19.08 per share
+3 more
6 metrics
Shares sold May 12, 2026
2,572 shares
Open-market sale of Common Stock at $19.05 per share
Shares sold May 13, 2026
303 shares
Open-market sale of Common Stock at $19.02 weighted average price
Price range May 13 sale
$19.00–$19.08 per share
Actual prices received within weighted average sale
Shares held after transactions
77,798 shares
Direct ownership following May 12–13, 2026 sales
Total shares sold
2,875 shares
Net open-market sales across both reported dates
Sale price May 12, 2026
$19.05 per share
Open-market sale price for 2,572 shares
Key Terms
open-market sale, Common Stock, weighted average sale price, direct ownership
4 terms
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.
weighted average sale price financial
"The price in Column 4 is a weighted average sale price."
direct ownership financial
"ownership_type: "direct", ownership_code: "D""
FAQ
What insider transaction did Ardmore Shipping (ASC) report for Curtis B. McWilliams?
Ardmore Shipping reported that director Curtis B. McWilliams sold 2,875 shares of Common Stock in open-market transactions on May 12 and 13, 2026. These were routine sales disclosed in a Form 4 insider trading report.
What does the weighted average sale price disclosure mean in the Ardmore Shipping (ASC) filing?
The filing notes that the May 13, 2026 sale price is a weighted average. Actual prices for those 303 shares ranged from $19.00 to $19.08, and detailed price breakdowns are available from the reporting person upon request.
Were the Ardmore Shipping (ASC) insider transactions direct or through an entity?
The reported Ardmore Shipping insider transactions are classified as direct ownership. The Form 4 lists the ownership code as “D” for direct, with no indication that the shares were held through a trust, partnership, or other related entity.