Form 4: ABM Industries Executive Sean Michael Mahoney Sells Shares
SEC Form 4
EVP Sean Michael Mahoney sold shares of ABM Industries Inc. common stock on May 5th and May 7th, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Sean Michael Mahoney, EVP, President-Sales & Marketing of ABM Industries Inc., sold shares of common stock on May 5, 2025, and May 7, 2025.
- The sales were executed under a Rule 10b5-1 trading plan adopted on January 9, 2025.
- On May 5, 2025, 574 shares were sold at a weighted average price of $50.0623, with prices ranging from $50.00 to $50.08.
- On May 7, 2025, 1,800 shares were sold at a weighted average price of $50.0339, with prices ranging from $50.00 to $50.07.
- Following these transactions, Mahoney directly owns 47,425 shares of ABM Industries Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares is not inherently positive or negative, especially when done under a pre-arranged trading plan.
Industry Context
This is a routine disclosure of insider trading activity. It is common for executives to have pre-arranged trading plans to sell shares over time.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but is unlikely to be significant given the relatively small number of shares sold and the existence of a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 01/09/2025 | Date of Rule 10b5-1 trading plan adoption |
| 05/05/2025 | Date of first stock sale (574 shares) |
| 05/07/2025 | Date of second stock sale (1,800 shares) |
Keywords
ABM Industries, Sean Michael Mahoney, stock sale, Form 4, Rule 10b5-1, insider trading
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