Form 4: Addus HomeCare Corp: Officer W. Bradley Bickham Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
W. Bradley Bickham, President and COO of Addus HomeCare Corp, sold 2,444 shares of common stock on February 25, 2025, to satisfy tax obligations related to vesting restricted stock awards.
Summary
- On February 25, 2025, W. Bradley Bickham, the President and COO of Addus HomeCare Corp, sold 2,444 shares of the company's common stock.
- The shares were sold at a weighted average price of $99.74 per share, with individual transactions ranging from $99.74 to $99.75.
- This sale was executed under a pre-established 10b5-1 plan to cover tax obligations arising from the vesting of restricted stock awards.
- Following the transaction, Bickham directly owns 51,505 shares of Addus HomeCare Corp.
- The reporting person undertakes to provide full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4, upon request.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction appears to be a routine sale of shares for tax purposes under a pre-arranged plan.
Industry Context
Sales by insiders are a common occurrence and are often related to personal financial planning, including tax obligations. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on current market information.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of the stock sale transaction. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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