RadNet (RDNT) director trims stake with 2,699-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RadNet, Inc. director David L. Swartz reported an open-market sale of 2,699 shares of Common Stock at $53.89 per share. After this sale, he holds 177,013 shares directly. A separate entry shows 37,019 shares held indirectly through his spouse, reflecting additional family ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,699 shares ($145,449)
Net Sell
2 txns
Insider
SWARTZ DAVID L
Role
null
Sold
2,699 shs ($145K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,699 | $53.89 | $145K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 177,013 shares (Direct, null);
Common Stock — 37,019 shares (Indirect, By spouse)
Footnotes (1)
Key Figures
Shares sold: 2,699 shares
Sale price: $53.89 per share
Direct holdings after transaction: 177,013 shares
+2 more
5 metrics
Shares sold
2,699 shares
Open-market sale of Common Stock
Sale price
$53.89 per share
Price for 2,699 sold shares
Direct holdings after transaction
177,013 shares
Common Stock held directly after sale
Indirect holdings by spouse
37,019 shares
Common Stock held indirectly through spouse
Net shares sold
2,699 shares
Net buy/sell shares in summary
Key Terms
open-market sale, indirect ownership, Common Stock, Form 4
4 terms
open-market sale financial
"reported an open-market sale of 2,699 shares of Common Stock"
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.
indirect ownership financial
"A separate entry shows 37,019 shares held indirectly through his spouse"
Common Stock financial
"open-market sale of 2,699 shares of Common Stock at $53.89"
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.
Form 4 regulatory
"reported on his Form 4, indicating an associated ownership interest"
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) director David L. Swartz report?
David L. Swartz reported an open-market sale of 2,699 RadNet Common Stock shares at $53.89 each. The filing also lists his updated direct and indirect holdings following this transaction, providing a snapshot of his current ownership position in the company.
What does indirect ownership by spouse mean in the RadNet (RDNT) Form 4?
Indirect ownership by spouse means the 37,019 RadNet shares are held in the spouse’s name, not directly by David L. Swartz. However, the position is reported on his Form 4, indicating an associated ownership interest under SEC beneficial ownership rules.
Was the RadNet (RDNT) insider transaction a purchase or a sale?
The insider transaction was a sale of shares, reported with transaction code “S” for an open-market or private sale. The filing specifies a 2,699-share disposition at $53.89 per share, updating David L. Swartz’s remaining direct and indirect RadNet holdings.