Ardmore Shipping (ASC) SVP O'Driscoll sells 15,848 common shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ardmore Shipping Corp SVP Aideen Siobhan O'Driscoll sold shares in an open-market transaction. The filing reports a sale of 15,848 shares of common stock at a weighted average price of $18.96 per share, with actual prices ranging from $18.90 to $19.10. After this sale, O'Driscoll directly holds 19,613 common shares. The transaction is reported as an open-market sale and there are no derivative securities listed as remaining positions in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,848 shares ($300,478)
Net Sell
1 txn
Insider
O'Driscoll Aideen Siobhan
Role
SVP & Sr. Dir. of Corp. Svcs
Sold
15,848 shs ($300K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,848 | $18.96 | $300K |
Holdings After Transaction:
Common Stock — 19,613 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,848 shares
Weighted average sale price: $18.96 per share
Sale price range: $18.90 to $19.10
+2 more
5 metrics
Shares sold
15,848 shares
Open-market sale of common stock
Weighted average sale price
$18.96 per share
Price for 15,848 shares sold
Sale price range
$18.90 to $19.10
Range of prices received for the sale
Shares held after transaction
19,613 shares
Direct common stock ownership after sale
Net buy/sell shares
-15,848 shares
Net share change in this Form 4
Key Terms
open-market sale, weighted average sale price, common stock, Form 4
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.
weighted average sale price financial
"The price in Column 4 is a weighted average sale price."
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.
Form 4 regulatory
"INSIDER FILING DATA (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.
FAQ
What insider transaction did Ardmore Shipping (ASC) report for Aideen Siobhan O'Driscoll?
Ardmore Shipping reported that SVP Aideen Siobhan O'Driscoll executed an open-market sale of 15,848 shares of common stock. The weighted average sale price was $18.96 per share, with trade prices ranging between $18.90 and $19.10 during the transaction.
Was the Ardmore Shipping (ASC) insider trade a buy or a sell?
The Form 4 shows a sell transaction coded as an open-market sale. Aideen Siobhan O'Driscoll disposed of 15,848 common shares, with the transaction direction explicitly identified as a sale rather than an acquisition or option exercise in the filing data.
Does the Ardmore Shipping (ASC) Form 4 mention derivative securities for this insider?
The Form 4 derivative section for this insider is empty, indicating no derivative transactions were reported in this filing. The only activity disclosed is the sale of common stock, and there is no remaining derivative position listed in the derivative summary.