Encore Capital (ECPG) SVP completes 9,085-share Rule 10b5-1 sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Encore Capital Group senior vice president and general counsel Andrew Eric Asch reported open-market sales of a total of 9,085 shares of Encore Capital common stock. The sales occurred on June 9–10, 2026 at weighted average prices around $80–$82 per share, with individual trades reported at prices such as $80.51, $81.52, $82.08 and $82.31. These transactions were executed under a Rule 10b5-1 trading plan adopted on March 10, 2026, which the company states has now been completed. Following these sales, Asch directly holds 21,607 shares of Encore Capital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,085 shares ($740,641)
Net Sell
4 txns
Insider
Asch Andrew Eric
Role
SVP, General Counsel
Sold
9,085 shs ($741K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 774 | $82.08 | $64K |
| Sale | Common Stock | 833 | $80.51 | $67K |
| Sale | Common Stock | 6,922 | $81.52 | $564K |
| Sale | Common Stock | 556 | $82.31 | $46K |
Holdings After Transaction:
Common Stock — 21,607 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2026. This Rule 10b5-1 trading plan has now been completed. This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.24 to $80.82 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.06 to $81.98 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. This price represents a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.09 to $82.50 inclusive. The reporting person undertakes to provide Encore, any security holder of Encore, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 9,085 shares
Shares sold June 10, 2026: 774 shares
Largest single sale: 6,922 shares
+4 more
7 metrics
Total shares sold
9,085 shares
Open-market sales on June 9–10, 2026
Shares sold June 10, 2026
774 shares
Common stock at $82.08 per share
Largest single sale
6,922 shares
Common stock at $81.52 per share on June 9, 2026
Additional June 9 sales
833 and 556 shares
Sold at $80.51 and $82.31 per share
Post-transaction holdings
21,607 shares
Direct Encore Capital common stock after June 10, 2026 sale
Price range (weighted avg notes)
$80.24–$82.50
Ranges cited for grouped transactions in footnotes
Trading plan adoption date
March 10, 2026
Rule 10b5-1 plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
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.
weighted average price financial
"This price represents a weighted average price. These shares were sold in multiple transactions..."
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.
open-market sale financial
"transaction_action": "open-market sale","transaction_code_description":"Sale in open market or private transaction""
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.
non-derivative financial
""transaction_type": "non-derivative","transaction_shares": "774.0000""
FAQ
What insider transaction did Encore Capital (ECPG) report for Andrew Eric Asch?
Encore Capital reported that SVP and general counsel Andrew Eric Asch sold common stock in open-market transactions. The Form 4 shows multiple sales over June 9–10, 2026, executed under a pre-established Rule 10b5-1 trading plan.
What is the Rule 10b5-1 trading plan mentioned in the Encore Capital (ECPG) Form 4?
The Form 4 notes Asch’s sales were executed under a Rule 10b5-1 trading plan adopted on March 10, 2026. Such plans pre-schedule trades, helping insiders diversify holdings while following securities laws; this specific plan is reported as now completed.
Were the Encore Capital (ECPG) insider sales by Andrew Asch open-market transactions?
Yes. Each transaction in the Form 4 is coded “S” and described as an open-market or private sale of common stock. The filing classifies them as non-derivative open-market sales executed under a Rule 10b5-1 plan.