Form 4: ABM Industries Executive Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Sean Michael Mahoney, EVP, President-Sales & Marketing of ABM Industries, sold 12,626 shares of common stock at an average price of $50.5439 under a pre-arranged 10b5-1 trading plan.
Summary
- On May 8, 2025, Sean Michael Mahoney, an executive at ABM Industries Inc., sold 12,626 shares of common stock.
- The sale was executed at a weighted average price of $50.5439 per share.
- The transactions occurred within a price range of $50.11 to $51.02.
- The sale was conducted under a Rule 10b5-1 trading plan established on January 9, 2025.
- Following the transaction, Mahoney directly owns 34,799 shares of ABM Industries Inc.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding an executive's stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times to avoid accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| 01/09/2025 | Date of Rule 10b5-1 trading plan entered into by the reporting person |
| 05/08/2025 | Date of transaction: sale of common stock |
| 05/09/2025 | Date of signature on the Form 4 filing |
Keywords
ABM Industries, Sean Michael Mahoney, Form 4, Executive Stock Sale, 10b5-1 Trading Plan, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.