Kestra Medical (NASDAQ: KMTS) director sells 15,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KESTRA MEDICAL TECHNOLOGIES, LTD. director and officer Brian Daniel Webster reported an open-market sale of 15,000 common shares. The sale was executed at a weighted average price of $20.8095 per share, with individual trade prices ranging from $20.5400 to $21.3900.
After this transaction, Webster directly holds 395,467 common shares. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 29, 2025, indicating the trades were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($312,143)
Net Sell
1 txn
Insider
Webster Brian Daniel
Role
See Remarks
Sold
15,000 shs ($312K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 15,000 | $20.8095 | $312K |
Holdings After Transaction:
Common Shares — 395,467 shares (Direct, null)
Footnotes (1)
- The reported transaction occurred pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025. The price in Column 4 is a weighted average price. The prices at which the reported securities were sold ranged from $20.5400 to $21.3900. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, information regarding the number of shares at each price within the range.
Key Figures
Shares sold: 15,000 shares
Weighted average sale price: $20.8095 per share
Post-transaction holdings: 395,467 shares
+3 more
6 metrics
Shares sold
15,000 shares
Open-market sale of common shares
Weighted average sale price
$20.8095 per share
Price for sold common shares
Post-transaction holdings
395,467 shares
Direct KMTS common shares held after sale
Sale price range low
$20.5400 per share
Lowest price in sale range
Sale price range high
$21.3900 per share
Highest price in sale range
10b5-1 plan adoption date
September 29, 2025
Date pre-arranged trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction occurred pursuant to a Rule 10b5-1 trading plan adopted on September 29, 2025."
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
"The price in Column 4 is a weighted average price."
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"
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.
FAQ
What insider transaction did KMTS director Brian Daniel Webster report?
Brian Daniel Webster reported selling 15,000 KMTS common shares in an open-market transaction. The sale was disclosed on a Form 4 and reflects a planned disposition of a portion of his holdings under a trading plan.
Was the KMTS insider sale by Brian Daniel Webster under a Rule 10b5-1 plan?
Yes, the transaction occurred under a Rule 10b5-1 trading plan adopted on September 29, 2025. Such plans pre-schedule trades, indicating the timing of this insider sale was determined in advance rather than made opportunistically.
What does the weighted average sale price mean in the KMTS Form 4 filing?
The weighted average price of $20.8095 reflects multiple trades executed within a price range. For this KMTS sale, the filing notes individual transactions occurred between $20.5400 and $21.3900, with details by price level available upon request.