Westwater Resources (WWR) director sells 23,763 shares in Rule 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Westwater Resources director Tracy D. Pagliara reported open-market sales of company stock under a pre-arranged Rule 10b5-1 trading plan. On May 28, 2026, Pagliara sold 19,519 shares of common stock at a weighted average price of about $0.573 per share. On May 29, 2026, an additional 4,244 shares were sold at a weighted average price of about $0.5743 per share. After these transactions, Pagliara directly held 950,125 shares of Westwater Resources common stock, indicating the sales represented only a small portion of the overall stake and were executed pursuant to the established trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 23,763 shares ($13,622)
Net Sell
2 txns
Insider
PAGLIARA TRACY D
Role
null
Sold
23,763 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,244 | $0.5743 | $2K |
| Sale | Common Stock | 19,519 | $0.573 | $11K |
Holdings After Transaction:
Common Stock — 950,125 shares (Direct, null)
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 February 26, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.5725 to $0.5753, inclusive. The reporting person undertakes to provide to Westwater Resources, Inc. any stockholder of Westwater Resources, 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 range set forth in this Footnote No. 2 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.5725 to $0.5745, inclusive. The reporting person undertakes to provide to Westwater Resources, Inc. any stockholder of Westwater Resources, 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 range set forth in this Footnote No. 3 to this Form 4.
Key Figures
Shares sold May 28, 2026: 19,519 shares
Shares sold May 29, 2026: 4,244 shares
Total shares sold: 23,763 shares
+3 more
6 metrics
Shares sold May 28, 2026
19,519 shares
Open-market sale of common stock at weighted average $0.573
Shares sold May 29, 2026
4,244 shares
Open-market sale of common stock at weighted average $0.5743
Total shares sold
23,763 shares
Net shares sold across two open-market transactions
Post-transaction holdings
950,125 shares
Common shares directly owned after May 29, 2026 sale
Weighted average price 5/28
$0.573 per share
Common stock sale price, multiple trades in $0.5725–$0.5745 range
Weighted average price 5/29
$0.5743 per share
Common stock sale price, multiple trades in $0.5725–$0.5753 range
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, common stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions..."
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.
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.
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.
FAQ
What did Westwater Resources (WWR) director Tracy Pagliara report in this Form 4?
Director Tracy D. Pagliara reported selling Westwater Resources common stock in two open-market transactions. The filing shows sales totaling 23,763 shares, executed under a pre-arranged Rule 10b5-1 trading plan, while maintaining a substantial remaining ownership position in the company.
Were Tracy Pagliara’s Westwater Resources (WWR) stock sales pre-planned?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Pagliara on February 26, 2026. Such plans pre-schedule trades, making the timing more routine and less reflective of short-term market views.
What is the significance of the weighted average prices in the WWR Form 4?
The reported prices are weighted averages because each day’s sale occurred through multiple trades in a narrow range around $0.57 per share. The filing notes Pagliara will provide detailed breakdowns of shares sold at each exact price upon request.
Is this Westwater Resources (WWR) insider transaction a routine Form 4 event?
This Form 4 reflects routine open-market sales by a director under a Rule 10b5-1 plan. The reported 23,763 shares sold are small relative to the remaining 950,125-share stake, suggesting an administrative liquidity event rather than a major position change.