Sterling Infrastructure Hits $206 Share Price as Director Executes Planned Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sterling Infrastructure director Dana C. O'Brien executed a significant stock sale on June 16, 2025, disposing of 10,154 shares at a price of $206.58 per share, totaling approximately $2.1 million in value. The transaction was conducted through a pre-planned Rule 10b5-1 trading plan established on March 17, 2025.
Following the transaction, O'Brien retains beneficial ownership of 16,498 shares, with 751 shares subject to transfer restrictions and potential forfeiture conditions. The sale was reported via Form 4 filing, indicating changes in beneficial ownership for an insider.
- Transaction Type: Sale of Common Stock
- Post-Transaction Holdings: 16,498 shares (Direct Ownership)
- Trading Plan: Executed under Rule 10b5-1 plan
- Role: Director of Sterling Infrastructure
Positive
- None.
Negative
- Director Dana O'Brien sold 10,154 shares at $206.58 per share (approximately $2.1M total value), representing a significant 38% reduction in holdings from 26,652 to 16,498 shares
Insider Trade Summary
Net Seller: 10,154 shares ($2,097,613)
Net Sell
1 txn
Insider
O'Brien Dana C.
Role
Director
Sold
10,154 shs ($2.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,154 | $206.58 | $2.10M |
Holdings After Transaction:
Common Stock — 16,498 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2025. Transaction executed in multiple trades, all at a price of $206.58. Of these shares, 751 shares are subject to restrictions on their sale or other transfer and to forfeiture under certain circumstances.
FAQ
Was STRL Director O'Brien's stock sale part of a 10b5-1 trading plan?
Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by Dana O'Brien on March 17, 2025, approximately three months before the transaction.