Timothy Byrne Disposes 39,025 USLM Shares Across Sept. 3–5 Transactions
Rhea-AI Filing Summary
Timothy W. Byrne, President & CEO and Director of United States Lime & Minerals, Inc. (USLM), reported multiple open-market sales of company common stock. The Form 4 shows five transactions on September 3–5, 2025 disposing of 26,034; 1,391; 11,504; 596; and 500 shares respectively, for a total of 39,025 shares sold. Reported weighted-average sale prices range from about $119.17 to $124.37 per share, with the closing-per-share price for the contribution noted as $120.99. Following the last reported sale the filing shows 85,932 shares beneficially owned by the reporting person.
Positive
- None.
Negative
- Insider sales totaling 39,025 shares reported on September 3–5, 2025, representing a reduction in beneficial ownership
- No explanatory context (e.g., notations of a 10b5-1 plan) is provided in the Form 4 to explain the timing or purpose of the dispositions
Insights
TL;DR: Insider sold 39,025 USLM shares over three days at weighted-average prices near $120–$124, reducing beneficial holdings to 85,932 shares.
The filing documents multiple open-market sales by the CEO and Director on September 3–5, 2025. The transactions are reported with weighted-average prices and ranges, indicating block trades executed across multiple price points. For investors, the raw data show insider monetization rather than acquisition; no derivative transactions or new grants are reported. The sale sizes and prices are explicit in the filing but the Form 4 does not state intent or any company-specific reason for the dispositions.
TL;DR: Multiple disclosed sales by a named executive are routine disclosures; the Form 4 provides precise amounts and price ranges but no explanatory context.
The report meets Section 16 disclosure requirements by listing dates, share counts, and weighted-average prices with explanatory footnotes. It also identifies the reporting person as both President & CEO and Director. There is no indication of Rule 10b5-1 plan checkbox being marked on the face of the form, and the form does not provide narrative context for the sales. From a governance perspective, transparency is adequate but the filing alone does not allow conclusions about motivation or future governance changes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | USLM Common Stock | 500 | $120.99 | $60K |
| Sale | USLM Common Stock | 11,504 | $119.43 | $1.37M |
| Sale | USLM Common Stock | 596 | $120.76 | $72K |
| Sale | USLM Common Stock | 26,034 | $120.88 | $3.15M |
| Sale | USLM Common Stock | 1,391 | $124.18 | $173K |
Footnotes (1)
- The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.78 to $121.30, inclusive. The reporting person undertakes to provide United States Lime & Minerals, Inc., any security holder of United States Lime & Minerals, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnotes 1, 2, 3 and 4. The price in Column 4 is a weighted average price. These shares were sold in multiple transaction at prices ranging from $124.00 to $124.37,inclusive. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.17 to $120.00, inclusive. The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.75 to $121.54. Closing per share price on the date preceding the date of contribution.
