NPK International (NPKI) director executes 2,013-share 10b5-1 sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NPK International Inc. director Lewis Michael A reported an open-market sale of 2,013 shares of common stock on February 23, 2026. The shares were sold at a weighted average price of $14.3052 per share under a pre-arranged Rule 10b5-1 trading plan. After this transaction, he directly held 131,333 shares of NPK International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,013 shares ($28,796)
Net Sell
1 txn
Insider
Lewis Michael A
Role
Director
Sold
2,013 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,013 | $14.3052 | $29K |
Holdings After Transaction:
Common Stock — 131,333 shares (Direct)
Footnotes (1)
- The reported sale of 2,013 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 7, 2025. The price reported is the weighted average price. These shares were sold in multiple transactions in the open market at prices ranging from $14.11 to $14.43, inclusive. The reporting person undertakes to provide to NPK International Inc., any security holder of NPK International Inc., or the staff 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 footnote (2) to this Form 4.
FAQ
What insider transaction did NPKI director Lewis Michael A report?
Director Lewis Michael A reported selling 2,013 shares of NPK International Inc. common stock. The transaction occurred on February 23, 2026 as an open-market sale under a Rule 10b5-1 trading plan, according to the Form 4 filing disclosures.
Was the NPKI insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the 2,013-share sale occurred automatically under a Rule 10b5-1 trading plan. The plan was adopted by the reporting person on March 7, 2025, and governed the execution of this transaction in the open market.