Form 4: Accenture Executive Mauro Macchi Disposes of Class A Ordinary Shares
SEC Form 4 Filing
Accenture's Chief Executive Officer for EMEA, Mauro Macchi, sold a portion of his Class A ordinary shares on April 11, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 11, 2025, Mauro Macchi, Chief Executive Officer-EMEA of Accenture plc, disposed of Class A ordinary shares.
- The transactions were executed under a Rule 10b5-1 trading plan.
- A total of 500 shares were sold at prices ranging from $277.97 to $284.88.
- The sales resulted in a decrease in Macchi's direct holdings of Accenture Class A ordinary shares, with the remaining amount beneficially owned following reported transactions being 3,283 shares.
- The reporting person has undertaken to provide full information regarding the number of shares and prices at which the transaction was effected upon request to the SEC staff, the issuer, or a security holder of the issuer.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it's simply a disclosure of information.
Industry Context
This filing is a routine disclosure related to insider trading activity. It is common for executives to utilize 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of the transactions involving the sale of Class A ordinary shares. |
| 04/14/2025 | Date of signature for the Form 4 filing. |
Keywords
Accenture, Macchi, Class A ordinary shares, Form 4, SEC, Rule 10b5-1, insider trading, disposition
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