Sterling's Legal Chief Cashes In as Infrastructure Stock Hits All-Time High
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sterling Infrastructure General Counsel and Corporate Secretary Mark D. Wolf reported a significant insider transaction on Form 4, executed on June 24, 2025. The filing discloses:
- Sale of 3,500 shares of common stock at a price of $225.87 per share
- Following the transaction, Wolf retains beneficial ownership of 29,315 shares
- Of the remaining shares, 3,311 are subject to restrictions on sale/transfer and potential forfeiture conditions
This insider sale by a key executive officer provides valuable information about insider sentiment. The transaction occurred at a significant price point of $225.87, with Wolf maintaining a substantial position in the company despite the disposition. The restricted nature of a portion of his remaining holdings indicates ongoing alignment with long-term company performance.
Positive
- None.
Negative
- General Counsel Mark Wolf sold 3,500 shares at $225.87 per share (approximately $790,545 total value), retaining 29,315 shares with 3,311 restricted
Insider Trade Summary
Net Seller: 3,500 shares ($790,545)
Net Sell
1 txn
Insider
Wolf Mark D.
Role
General Counsel, Corporate Sec
Sold
3,500 shs ($791K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,500 | $225.87 | $791K |
Holdings After Transaction:
Common Stock — 29,315 shares (Direct)
Footnotes (1)
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FAQ
What is Mark Wolf's remaining STRL stock position after the June 2025 sale?
Following the reported transaction, Mark Wolf retained beneficial ownership of 29,315 shares of STRL common stock. Notably, 3,311 of these shares are subject to restrictions on sale and potential forfeiture under certain circumstances.
What position does Mark Wolf hold at Sterling Infrastructure (STRL)?
Mark Wolf serves as General Counsel and Corporate Secretary at Sterling Infrastructure (STRL), as disclosed in the Form 4 filing.