Embecta Corp. (EMBC) CEO purchases 30,000 shares in open-market trade
Rhea-AI Filing Summary
Embecta Corp. President and CEO Devdatt Kurdikar purchased 30,000 shares of common stock on August 12, 2026 at $4.6979 per share in an open-market or private transaction. Following this buy, his directly held stake increased to 804,918.728 shares of Embecta common stock.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
1 txn
Insider
Kurdikar Devdatt
Role
President and CEO
Bought
30,000 shs ($141K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 30,000 | $4.6979 | $141K |
Holdings After Transaction:
Common Stock — 804,918.728 shares (Direct)
Key Figures
Shares purchased: 30,000 shares
Purchase price: $4.6979 per share
Holdings after transaction: 804,918.728 shares
3 metrics
Shares purchased
30,000 shares
Common stock bought on August 12, 2026
Purchase price
$4.6979 per share
Price for the 30,000-share common stock purchase
Holdings after transaction
804,918.728 shares
Direct common stock ownership after the August 12, 2026 purchase
Key Terms
open market or private transaction, Rule 10b5-1, Power of Attorney
3 terms
open market or private transaction financial
"Purchase in open market or private transaction"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not marked for this trade"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Power of Attorney regulatory
"The Power of Attorney dated April 5, 2022, is incorporated"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
FAQ
What insider transaction did Embecta Corp. (EMBC) report for Devdatt Kurdikar?
Embecta Corp. reported that President and CEO Devdatt Kurdikar purchased 30,000 shares of common stock on August 12, 2026 in an open-market or private transaction at $4.6979 per share.
Was the Embecta (EMBC) CEO’s August 12, 2026 trade under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, meaning the 30,000-share purchase at $4.6979 per share on August 12, 2026 was not reported as made under a 10b5-1 trading plan.
Is the Embecta (EMBC) CEO’s ownership reported as direct or indirect in this Form 4?
The Form 4 reports the CEO’s post-transaction holdings of 804,918.728 shares as direct ownership, meaning the shares are held in his own name rather than through an intermediary entity or trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.