RadNet (RDNT) digital health CEO sells 4,750 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RadNet, Inc. executive Cornelis Wesdorp, Pres & CEO, Digital Health, reported an open-market sale of 4,750 shares of Common Stock at $58.11 per share. After this transaction, he directly owns 69,075 shares, indicating he retains a substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,750 shares ($276,023)
Net Sell
1 txn
Insider
Wesdorp Cornelis
Role
Pres & CEO, Digital Health
Sold
4,750 shs ($276K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,750 | $58.11 | $276K |
Holdings After Transaction:
Common Stock — 69,075 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 4,750 shares
Sale price: $58.11 per share
Shares owned after: 69,075 shares
3 metrics
Shares sold
4,750 shares
Open-market sale of Common Stock
Sale price
$58.11 per share
Price for the 4,750 shares sold
Shares owned after
69,075 shares
Direct holdings following the transaction
Key Terms
open-market sale, Common Stock, transaction code "S", Form 4
4 terms
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" regulatory
"transaction_code: "S" described as sale in open market"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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 RadNet (RDNT) report for Cornelis Wesdorp?
RadNet reported that executive Cornelis Wesdorp completed an open-market sale of 4,750 shares of Common Stock. The transaction was recorded at a price of $58.11 per share, reflecting a routine disposition rather than a complete exit from his equity position.
What type of transaction is shown in this RadNet (RDNT) Form 4 filing?
The filing shows an open-market sale of RadNet Common Stock by executive Cornelis Wesdorp. It is categorized under transaction code “S,” which the disclosure describes as a sale in an open market or private transaction, with no derivative exercises reported.
Does the RadNet (RDNT) Form 4 show any option exercises or derivative trades?
The Form 4 data indicate no derivative transactions or option exercises for this event. The derivativeSummary is empty, and the single reported activity is a non-derivative open-market sale of 4,750 shares of Common Stock by Cornelis Wesdorp on the stated date.