Cboe Global Markets (CBOE) director logs 1,223-share planned stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cboe Global Markets director Janet P. Froetscher reported an open-market sale of 1,223 shares of common stock at an average price of $358.09 per share. After this transaction, she directly holds 13,807 shares. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,223 shares ($437,944)
Net Sell
1 txn
Insider
Froetscher Janet P
Role
null
Sold
1,223 shs ($438K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,223 | $358.09 | $438K |
Holdings After Transaction:
Common Stock — 13,807 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,223 shares
Sale price: $358.09 per share
Shares held after sale: 13,807 shares
+1 more
4 metrics
Shares sold
1,223 shares
Open-market sale of common stock
Sale price
$358.09 per share
Average price for the reported sale
Shares held after sale
13,807 shares
Direct ownership following transaction
Net shares sold
1,223 shares
Net-sell direction in transaction summary
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
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.
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.
Form 4 regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan"
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.
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What did Cboe Global Markets (CBOE) director Janet P. Froetscher report in this Form 4?
She reported an open-market sale of 1,223 shares of Cboe Global Markets common stock. The shares were sold at an average price of $358.09 per share, and the transaction is classified as a non-derivative, open-market sale by a company director.
Was the Cboe Global Markets (CBOE) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, helping insiders systematically sell shares over time under predetermined conditions.
What type of transaction is reported for Cboe Global Markets (CBOE) in this Form 4?
The Form 4 reports a non-derivative open-market sale of common stock. The transaction code is “S,” indicating a sale in open-market or private transactions, with 1,223 shares sold and direct ownership reported after the trade.