Weis family trust tied to Pediatrix (MD) director sells 36,028 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pediatrix Medical Group director-linked trust sells shares
A trust associated with director Shirley A. Weis sold 36,028 shares of Pediatrix Medical Group common stock in an open-market transaction at a weighted average price of $23.75 per share, with individual trade prices ranging from $23.55 to $23.85.
The shares were held by The Weis Family Trust, for which Shirley A. Weis and her husband serve as trustees and members of her immediate family are beneficiaries. Following the sale, the trust reported no remaining Pediatrix shares, while Weis directly holds 18,623 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 36,028 shares ($855,665)
Net Sell
2 txns
Insider
Weis Shirley A
Role
null
Sold
36,028 shs ($856K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 36,028 | $23.75 | $856K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By The Weis Family Trust U/A dtd 04/19/2002, John N. Weis & Shirley A. Weis Trustees);
Common Stock — 18,623 shares (Direct, null)
Footnotes (1)
- The price in Column 4 is a weighted average price. The reported securities were sold in multiple transactions with prices ranging from $23.55 to $23.85 for a weighted average sales price of $23.75. The reporting person undertakes to provide the issuer, any security holder of the issuer of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reporting person and her husband are trustees of the trust that holds the reported securities. Members of the reporting person's immediate family are beneficiaries of the trust.
Key Figures
Shares sold by trust: 36,028 shares
Weighted average sale price: $23.75 per share
Sale price range: $23.55–$23.85 per share
+2 more
5 metrics
Shares sold by trust
36,028 shares
Open-market sale by The Weis Family Trust
Weighted average sale price
$23.75 per share
Common stock sale by trust
Sale price range
$23.55–$23.85 per share
Multiple transactions within reported range
Direct holdings after transactions
18,623 shares
Common stock directly owned by Shirley A. Weis
Trust holdings after sale
0 shares
Pediatrix shares held by The Weis Family Trust
Key Terms
open-market sale, weighted average price, immediate family, trustees
4 terms
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.
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.
immediate family financial
"Members of the reporting person's immediate family are beneficiaries of the trust."
trustees financial
"her husband are trustees of the trust that holds the reported securities."
Trustees are people or a small group legally appointed to hold and manage assets, documents, or obligations on behalf of others and must act in those beneficiaries’ best interests. Think of them as a neutral guardian or custodian who enforces rules, protects assets, and makes decisions that can affect payments, corporate governance, or recovery in a default — all of which directly influence investor returns and risk.
FAQ
What insider transaction did Pediatrix Medical Group (MD) disclose for Shirley A. Weis?
Pediatrix Medical Group reported an open-market sale of 36,028 common shares by The Weis Family Trust associated with director Shirley A. Weis. The sale was executed at a weighted average price of $23.75 per share, fully exiting the trust’s reported Pediatrix position.