Ivanhoe Electric Inc. Insider Trading Activity
Ivanhoe Electric Inc. reported that its General Counsel and Corporate Secretary, Joseph Cassandra Pulskamp, exercised employee stock options and sold shares of common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Ivanhoe Electric Inc. reported that its General Counsel and Corporate Secretary, Joseph Cassandra Pulskamp, exercised employee stock options and sold shares of common stock. He exercised 123,074 options with a reported exercise price of $0.00 per share, receiving 123,074 common shares at a reported value of $13.23 per share. He then sold 123,074 common shares in open-market transactions at a weighted average price of $16.48 per share, with individual sale prices ranging from $16.30 to $17.00. Following these transactions, he directly owned 51,370 common shares and held 376,926 employee stock options, and indirectly owned 2,000 common shares through the Cassandra Joseph Family Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 123,074 | $0.00 | $0.00 |
| Exercise | Common Stock | 123,074 | $13.23 | $1.63M |
| Sale | Common Stock | 123,074 | $16.48 | $2.03M |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $17.00, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff at 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.
- F2. The option was granted on February 1, 2023, and vests in three equal annual installments beginning on February 1, 2023.
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