RadNet (RDNT) Eastern Operations CEO Forthuber sells 44,067 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RadNet, Inc. executive Stephen M. Forthuber, President and CEO of Eastern Operations, reported open-market sales of company common stock. He sold a total of 44,067 shares in two transactions at weighted average prices of about $58.61 and $57.79 per share, with individual trades occurring within the disclosed price ranges. Following these sales, he continues to directly hold over 500,000 RadNet shares, indicating that the transactions represent a partial reduction rather than an exit from his position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 44,067 shares ($2,562,911)
Net Sell
2 txns
Insider
Forthuber Stephen M
Role
Pres & CEO-Eastern Operations
Sold
44,067 shs ($2.56M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 24,214 | $57.79 | $1.40M |
| Sale | Common Stock | 19,853 | $58.61 | $1.16M |
Holdings After Transaction:
Common Stock — 527,052 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.29 to $58.27, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.29 to $59.15, inclusive.
Key Figures
Shares sold (first transaction): 19,853 shares
Price per share (first sale): $58.61/share
Shares sold (second transaction): 24,214 shares
+3 more
6 metrics
Shares sold (first transaction)
19,853 shares
Common Stock open-market sale at weighted average $58.61
Price per share (first sale)
$58.61/share
Weighted average sale price for 19,853 shares
Shares sold (second transaction)
24,214 shares
Common Stock open-market sale at weighted average $57.79
Price per share (second sale)
$57.79/share
Weighted average sale price for 24,214 shares
Total shares sold
44,067 shares
Aggregate of two open-market sales on reported date
Post-transaction holdings (reported lines)
507,199–527,052 shares
Directly owned common shares shown after individual transactions
Key Terms
open-market sale, weighted average price, Form 4, Common Stock, +1 more
5 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.
weighted average price financial
"The price reported in Column 4 is a 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.
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.
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.
beneficial ownership regulatory
"disclaims beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did RadNet (RDNT) executive Stephen M. Forthuber report in this Form 4?
Stephen M. Forthuber reported selling RadNet common stock in open-market transactions. The Form 4 shows two sales totaling 44,067 shares, providing investors transparency into recent insider trading activity by a key executive of the company.
What is the nature of Stephen M. Forthuber’s role at RadNet (RDNT)?
Stephen M. Forthuber is identified as an officer of RadNet, serving as President and CEO of Eastern Operations. His insider transactions are therefore important disclosures, as they involve an executive with operational leadership responsibilities.
Were Stephen M. Forthuber’s RadNet (RDNT) stock sales single trades or multiple trades?
The sales were executed as multiple trades. Footnotes explain that the reported prices are weighted averages, with individual trades occurring within specified price ranges between $57.29 and $59.15 per share during the transaction date.