OneMain (NYSE: OMF) EVP Conrad sells 5,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OneMain Holdings, Inc. executive vice president and COO Micah R. Conrad reported an open-market sale of 5,000 shares of common stock at $62.00 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan. After the sale, he directly holds 96,250 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($310,000)
Net Sell
1 txn
Insider
Conrad Micah R.
Role
EVP & COO
Sold
5,000 shs ($310K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 5,000 | $62.00 | $310K |
Holdings After Transaction:
Common stock, par value $0.01 per share — 96,250 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,000 shares
Sale price: $62.00 per share
Shares held after transaction: 96,250 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale by EVP & COO Micah R. Conrad
Sale price
$62.00 per share
Price received in the June 29, 2026 transaction
Shares held after transaction
96,250 shares
Direct ownership following the reported sale
Net buy/sell direction
5,000 net shares sold
transactionSummary netBuySellShares
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan..."
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.
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.
Form 4 regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did OneMain Holdings (OMF) report for Micah R. Conrad?
OneMain Holdings reported that EVP & COO Micah R. Conrad sold 5,000 shares of common stock in an open-market transaction at $62.00 per share. This was disclosed on a Form 4 insider trading report filed with the SEC for transparency.
What does the transaction code on Micah R. Conrad’s OneMain (OMF) Form 4 mean?
The Form 4 lists transaction code “S,” which indicates a sale in an open-market or private transaction. This confirms the 5,000 OneMain shares were disposed of through a standard sale rather than through exercises, gifts, or tax-withholding events.