NPK International director sells 10,000 shares
NPK International Inc. (NPKI) director Robeson Rose M reported selling 10,000 shares of common stock on 2026-08-27 at a weighted average price of $13.4917 per share in open-market transactions.
Rhea-AI Filing Summary
NPK International Inc. (NPKI) director Robeson Rose M reported selling 10,000 shares of common stock on 2026-08-27 at a weighted average price of $13.4917 per share in open-market transactions. The sale was executed automatically under a Rule 10b5-1 trading plan adopted on May 27, 2026, leaving 215,147 shares held directly.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
ROBESON ROSE M
Role
Director
Sold
10,000 shs ($135K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $13.4917 | $135K |
Holdings After Transaction:
Common Stock — 215,147 shares (Direct)
Footnotes (2)
- F1. The reported sale of 10,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2026.
- F2. The price reported is the weighted average price. These shares were sold in multiple transactions in the open market at prices ranging from $13.11 to $13.72, 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.
Key Figures
Shares sold: 10,000 shares of Common Stock
Weighted average sale price: $13.4917 per share
Sale price range: $13.11–$13.72 per share
+1 more
4 metrics
Shares sold
10,000 shares of Common Stock
Non-derivative open-market sale on 2026-08-27
Weighted average sale price
$13.4917 per share
Average price for 10,000 shares sold on 2026-08-27
Sale price range
$13.11–$13.72 per share
Range of prices for multiple open-market transactions on 2026-08-27
Shares owned after transaction
215,147 shares
Direct holdings of Robeson Rose M after the reported sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market
3 terms
Rule 10b5-1 trading plan regulatory
"occurred automatically pursuant to a Rule 10b5-1 trading plan adopted"
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 reported is the weighted average price. These shares were sold"
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 market
"shares were sold in multiple transactions in the open market at prices"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did NPKI disclose in this Form 4?
NPK International Inc. disclosed that director Robeson Rose M sold 10,000 shares of common stock on 2026-08-27 at a weighted average price of $13.4917 per share in open-market transactions.
Was the NPKI insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the 10,000-share sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2026.
What does the weighted average price mean in the NPKI Form 4 sale?
For this NPK International Inc. transaction, the $13.4917 figure is a weighted average price across multiple trades between $13.11 and $13.72 per share. The insider offers to provide exact share counts at each price upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.