Form 4: Acadia Healthcare Director Wade D. Miquelon Sells 2,203 Shares

Director Wade D. Miquelon sold 2,203 shares of Acadia Healthcare Company, Inc. on March 5, 2024, at an average price of $85.39 per share.

Summary

• On March 5, 2024, Wade D. Miquelon, a director of Acadia Healthcare Company, Inc., sold 2,203 shares of common stock.
• The sale was executed at a weighted average price of $85.39 per share, with individual transactions ranging from $85.25 to $85.50.
• Following the transaction, Miquelon directly owns 46,074 shares of Acadia Healthcare Company, Inc.
• A Power of Attorney was executed on March 6, 2024, granting Brian Farley and Heather B. Dixon the authority to act on Miquelon's behalf for SEC filings related to Acadia Healthcare.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding a director's stock sale, which is neutral in sentiment.

Industry Context

This transaction is a routine disclosure of insider trading activity. It provides insight into the actions of a company director but doesn't necessarily indicate broader industry trends.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder confidence, but the relatively small number of shares sold suggests the impact will be minimal.

Key Dates