CFO sells 15,000 NPK International (NPKI) shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NPK International Inc. Senior Vice President and CFO Gregg Piontek sold 15,000 shares of Common Stock in an open-market transaction at a weighted average price of $15.045 per share. The sale was executed automatically under a Rule 10b5-1 trading plan adopted on December 3, 2025. Following the sale, he directly holds 819,326 shares and also has 65,000 shares held indirectly through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($225,675)
Net Sell
2 txns
Insider
Piontek Gregg
Role
Senior Vice President and CFO
Sold
15,000 shs ($226K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $15.045 | $226K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 819,326 shares (Direct);
Common Stock — 65,000 shares (Indirect, by IRA)
Footnotes (1)
- The reported sale of 15,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 2025. The price reported is the weighted average price. These shares were sold in multiple transactions in the open market at prices ranging from $15.00 to $15.10, 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. These shares are indirectly held by Trust.
Key Figures
Shares sold: 15,000 shares
Weighted average sale price: $15.045 per share
Price range: $15.00–$15.10 per share
+3 more
6 metrics
Shares sold
15,000 shares
Open-market sale on April 9, 2026
Weighted average sale price
$15.045 per share
Common Stock, multiple open-market trades
Price range
$15.00–$15.10 per share
Range of individual trade prices in sale
Direct holdings after sale
819,326 shares
Common Stock directly owned post-transaction
Indirect IRA holdings
65,000 shares
Common Stock held indirectly by IRA
Trading plan adoption date
December 3, 2025
Rule 10b5-1 plan governing the 15,000-share sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market, IRA, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The reported sale of 15,000 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 3, 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 reported is the 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 financial
"These shares were sold in multiple transactions in the open market at prices ranging from $15.00 to $15.10, inclusive."
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.
IRA financial
"nature_of_ownership": "by IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
indirectly held by Trust financial
"These shares are indirectly held by Trust."
FAQ
What did NPKI executive Gregg Piontek report in this Form 4?
Gregg Piontek reported an open-market sale of 15,000 shares of NPK International Inc. common stock. The transaction was executed under a pre-established Rule 10b5-1 trading plan, indicating it was scheduled in advance rather than timed discretionarily.
What does the price range disclosure mean in this NPKI Form 4?
The filing notes the reported price is a weighted average, with shares sold in multiple open-market trades between $15.00 and $15.10. The insider undertakes to provide details on the number of shares sold at each price upon request.