Latest Insider Trading
Filed: 2026-05-11
Key Insights
- Director Robert A. Ortenzio sold 130,000 shares on 05/08/2026 at $25 per share, generating approximately $3.25 million in proceeds, which represents a notable equity reduction by a key insider.
- The transaction was executed under a Rule 10b5-1 trading plan, indicating the sale was pre-planned and not reactive to short-term market conditions or undisclosed information.
- Ortenzio retains substantial beneficial ownership across multiple trust structures totaling over 7.5 million shares in direct and indirect holdings, demonstrating continued significant alignment with the company despite the sale.
- The filing shows complex ownership structures through family trusts (Rocco A. Ortenzio Separate Descendants Trust, Robert A. Ortenzio 2014 Trust, and Robert A. Ortenzio Descendants Trust), which is typical for large stakeholders managing generational wealth.