Montrose (NYSE: MEG) GC sells 43,548 shares under 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Montrose Environmental Group General Counsel and Secretary Nasym Afsari exercised options and sold shares in a planned transaction. On March 3, 2026, Afsari exercised a stock option for 43,348 shares and received common stock at $6.03 per share, then sold 43,348 shares at a weighted average price of $28.368 per share. On March 2, 2026, Afsari also sold 200 shares at $30.00 per share. The weighted average sale price on March 3 reflects multiple trades between $28.13 and $28.495. After these transactions, Afsari directly owned 204,878 shares of Montrose common stock. The sales were made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 43,548 shares ($1,235,696)
Net Sell
4 txns
Insider
Afsari Nasym
Role
General Counsel and Secretary
Sold
43,548 shs ($1.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 43,348 | $0.00 | -- |
| Exercise | Common Stock | 43,348 | $6.03 | $261K |
| Sale | Common Stock | 43,348 | $28.368 | $1.23M |
| Sale | Common Stock | 200 | $30.00 | $6K |
Holdings After Transaction:
Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 248,226 shares (Direct)
Footnotes (1)
- This transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The price reported in Column 4 is a weighted average price. These shares of common stock of the Issuer were sold in multiple transactions by the Reporting Person at prices ranging from $28.13 to $28.495, inclusive. The Reporting Person undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares of common stock sold at each separate price within the range. 50% of the shares subject to the option vested on June 9, 2017 and the remaining 50% vested on June 9, 2019.
FAQ
What insider transactions did Montrose Environmental Group (MEG) report for Nasym Afsari?
Nasym Afsari exercised options and sold shares. Afsari converted 43,348 stock options into common shares and then sold 43,348 shares on March 3, 2026, plus 200 shares on March 2, 2026, in open-market transactions.
Were Nasym Afsari’s Montrose (MEG) stock sales under a 10b5-1 plan?
Yes, the sales were made under a Rule 10b5-1 plan. The filing states the transactions followed a contract or written plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions, indicating a pre-arranged trading program.
What stock options did Nasym Afsari exercise at Montrose (MEG)?
Afsari exercised 43,348 stock options. These options converted into common stock on March 3, 2026, at an exercise price of $6.03 per share. The option had vested 50% on June 9, 2017 and the remaining 50% on June 9, 2019.