Director at Kestra Medical (KMTS) sells 15,000 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kestra Medical Technologies director and officer Brian Daniel Webster reported selling a total of 15,000 Common Shares in open-market transactions. The sales occurred on May 15, 2026 at weighted average prices of $21.4635 and $20.5287 per share. The filing states these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 29, 2025, indicating they were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($314,329)
Net Sell
2 txns
Insider
Webster Brian Daniel
Role
See Remarks
Sold
15,000 shs ($314K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 8,155 | $20.5287 | $167K |
| Sale | Common Shares | 6,845 | $21.4635 | $147K |
Holdings After Transaction:
Common Shares — 341,631 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 $20.2200 to $20.2115. 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. The price in Column 4 is a weighted average price. The prices at which the reported securities were sold ranged from $21.2433 to $21.6300. 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
Total shares sold: 15,000 shares
First sale block: 6,845 shares at $21.4635/share
Second sale block: 8,155 shares at $20.5287/share
+1 more
4 metrics
Total shares sold
15,000 shares
Common Shares sold on May 15, 2026
First sale block
6,845 shares at $21.4635/share
Open-market sale of Common Shares
Second sale block
8,155 shares at $20.5287/share
Open-market sale of Common Shares
Trading plan adoption date
September 29, 2025
Rule 10b5-1 plan governing reported sales
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 Kestra Medical Technologies Common Shares. The Form 4 shows two open-market sale transactions on May 15, 2026, totaling 15,000 shares, reflecting a modest reduction in his direct holdings while retaining a large remaining position.
Does the Form 4 show any option exercises or derivative transactions for KMTS?
No derivative exercises or option transactions are reported in this Form 4. The derivative summary is empty, and the transaction summary lists zero exercise transactions, indicating only common share sales were reported for this filing date.