ICF International COO disposes 2,400 shares under 10b5-1 plan
Rhea-AI Filing Summary
Insider sale under a pre-established plan: The Form 4 shows Chief Operating Officer Morgan James C. M. sold 2,400 shares of ICF International (ICFI) on 10/02/2025 at a weighted-average price of $95.1943 per share. After the sale the reporting person beneficially owned 39,704 shares. The filing states the transactions were executed under a Rule 10b5-1 trading plan adopted earlier and amended on 05/27/2025, and that the reported price is a weighted average of multiple sales between $95.00 and $95.38. The Form is signed by an attorney-in-fact on 10/06/2025.
Positive
- Transaction executed under a Rule 10b5-1 plan, indicating pre-planned trading
- Reporting includes weighted-average price range ($95.00–$95.38), and an offer to provide detailed price-by-price info on request
Negative
- Insider sold 2,400 shares, reducing beneficial ownership to 39,704 shares
- Sizable single-day sale at a price near $95.19 could be interpreted as reduced insider exposure
Insights
Sale executed under a Rule 10b5-1 plan reduces insider holdings without suggesting new company-specific disclosures.
The reporting person sold 2,400 shares at a weighted-average price of $95.1943, leaving beneficial ownership of 39,704 shares. Because the trades were executed pursuant to a Rule 10b5-1 plan (amended 05/27/2025), the timing is pre-planned rather than apparently opportunistic.
Risks and points to watch include any future amendments or terminations of the plan and additional Form 4 filings that change total insider ownership; near-term monitoring through subsequent filings over the next 30 days is relevant for assessing any pattern of disposals.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common | 2,400 | $95.1943 | $228K |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, as amended by the reporting person on May 27, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.00 to $95.38, inclusive. The reporting person undertakes to provide to ICF International, Inc., any security holder of ICF International, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.