HR chief at CME Group (CME) sells 5,753 shares in open trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CME Group Inc. senior managing director and Chief HR Officer Hilda Harris Piell reported an open-market sale of 5,753 shares of Class A common stock at an average price of $304.63 per share. Following this transaction, she directly holds 27,702 shares of CME Group stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,753 shares ($1,752,536)
Net Sell
1 txn
Insider
Piell Hilda Harris
Role
Sr MD & Chief HR Officer
Sold
5,753 shs ($1.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock Class A | 5,753 | $304.63 | $1.75M |
Holdings After Transaction:
Common Stock Class A — 27,702 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,753 shares
Sale price: $304.63 per share
Shares remaining: 27,702 shares
+1 more
4 metrics
Shares sold
5,753 shares
Open-market sale of Class A common stock
Sale price
$304.63 per share
Average price for the 5,753-share sale
Shares remaining
27,702 shares
Direct holdings after the transaction
Net insider share change
-5,753 shares
Net sell direction per transaction summary
Key Terms
Form 4, open-market sale, Common Stock Class A, transaction code S, +1 more
5 terms
Form 4 regulatory
"This was recorded as an open-market or private sale transaction under SEC code “S” on 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.
open-market sale financial
"reported an open-market sale of 5,753 shares of Class A common stock"
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 Class A financial
"Hilda Harris Piell sold 5,753 shares of CME Group Class A common stock"
transaction code S regulatory
"Transaction code S in the Form 4 indicates a sale in the open market or a private transaction."
direct ownership financial
"This means the 5,753-share sale and the remaining 27,702 shares are attributed to Hilda Harris Piell’s direct ownership"
FAQ
What insider transaction did CME (CME) report for Hilda Harris Piell?
CME Group reported that executive Hilda Harris Piell completed an open-market sale of 5,753 Class A common shares. The transaction was filed on Form 4 and reflects routine insider trading disclosure required for company officers.
What does transaction code S mean in the CME (CME) Form 4 filing?
Transaction code S in the Form 4 indicates a sale in the open market or a private transaction. For CME Group, Hilda Harris Piell’s 5,753-share trade at $304.63 per share is classified with this sale code.
Is the CME (CME) insider transaction a direct or indirect holding change?
The filing shows the transaction as affecting a direct holding, labeled with ownership code “D”. This means the 5,753-share sale and the remaining 27,702 shares are attributed to Hilda Harris Piell’s direct ownership, not through an intermediary entity.