Pathward Financial (CASH) director sells 4,500 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PATHWARD FINANCIAL, INC. director Elizabeth G. Hoople reported an open-market sale of 4,500 shares of Common Stock. The shares were sold on May 29, 2026 at a weighted average price of $82.29 per share, across multiple trades between $82.24 and $82.32.
Following this sale, Hoople directly holds 28,050 shares of Pathward Financial common stock. The transaction reflects a discretionary sale in the open market, while she retains a meaningful remaining equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,500 shares ($370,305)
Net Sell
1 txn
Insider
Hoople Elizabeth G.
Role
null
Sold
4,500 shs ($370K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,500 | $82.29 | $370K |
Holdings After Transaction:
Common Stock — 28,050 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 4,500 shares
Weighted average sale price: $82.29 per share
Post-transaction holdings: 28,050 shares
+1 more
4 metrics
Shares sold
4,500 shares
Open-market sale on May 29, 2026
Weighted average sale price
$82.29 per share
Common Stock sale on May 29, 2026
Post-transaction holdings
28,050 shares
Shares directly held after sale
Sale price range
$82.24–$82.32 per share
Range from footnote for individual trades
Key Terms
open-market sale, weighted average price, Form 4, transaction code "S"
4 terms
open-market sale financial
"The filing classifies this as an open-market sale, executed in multiple trades"
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 price financial
"The director received a weighted average price of $82.29 per share"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"This post-transaction holding is disclosed in 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.
transaction code "S" regulatory
"The Form 4 lists a transaction code "S" and describes it as an open-market sale"
FAQ
What insider transaction did PATHWARD FINANCIAL (CASH) disclose?
PATHWARD FINANCIAL disclosed that director Elizabeth G. Hoople sold 4,500 shares of Common Stock. The open-market sale occurred on May 29, 2026, at a weighted average price of $82.29 per share, with individual trades ranging from $82.24 to $82.32.
Was the PATHWARD FINANCIAL (CASH) insider transaction a purchase or sale?
The insider transaction was a sale. The Form 4 lists a transaction code "S" and describes it as an open-market sale of 4,500 shares of PATHWARD FINANCIAL Common Stock by director Elizabeth G. Hoople at a weighted average price of $82.29 per share.
Did the PATHWARD FINANCIAL (CASH) Form 4 mention multiple trade prices?
Yes. A footnote explains that the reported $82.29 price is a weighted average. The 4,500 shares were sold in multiple transactions, with individual trade prices ranging from $82.24 to $82.32 per share, and full trade details are available upon request.