Insider Trading
Filed: 2026-05-12
Key Insights
- CEO Rex D. Geveden executed four separate stock sales on 05/12/2026 totaling 10,000 shares, reducing his direct beneficial ownership from approximately 213,000 shares to 202,491 shares, representing a 4.9% reduction in his holdings.
- All sales were conducted under a Rule 10b5-1 trading plan adopted on 8/11/2025, indicating these were pre-planned, non-discretionary transactions that do not necessarily reflect current sentiment about the company's prospects.
- Stock prices during the sales ranged from $203.29 to $206.25 per share, with total proceeds exceeding $2 million, suggesting the CEO is diversifying holdings at relatively strong valuation levels above $203-207 range.