Form 4: Addus HomeCare Corp: President and COO W. Bradley Bickham Sells Shares

Sentiment:

SEC Form 4 Filing


W. Bradley Bickham, President and COO of Addus HomeCare Corp, sold a total of 5,000 shares of common stock in two transactions on August 29 and August 30, 2024.

Summary

  • On August 29, 2024, W. Bradley Bickham, the President and COO of Addus HomeCare Corp, sold 3,520 shares of common stock at a weighted average price of $132.15.
  • The shares were sold in multiple transactions with prices ranging from $132.00 to $132.45.
  • Following this transaction, Bickham directly owned 44,480 shares of Addus HomeCare Corp.
  • On August 30, 2024, Bickham sold an additional 1,480 shares of common stock at a weighted average price of $132.26.
  • These shares were sold in multiple transactions with prices ranging from $132.00 to $132.52.
  • After this second transaction, Bickham directly owned 43,000 shares of the company.
  • The sales were reported on a Form 4 filing with the Securities and Exchange Commission on September 3, 2024.

Sentiment

Score: 5

Explanation: The document simply reports stock sales by an executive. It's a neutral event unless further context suggests otherwise.

Industry Context

Insider sales are a common occurrence and are often scrutinized by investors for insights into management's perspective on the company's valuation and future prospects. However, they can be driven by a variety of personal financial planning reasons and do not necessarily indicate a negative outlook.

Stakeholder Impact

  • Shareholders may react to the news of insider selling, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates

DateDescription
08/29/2024W. Bradley Bickham sold 3,520 shares of Addus HomeCare Corp common stock.
08/30/2024W. Bradley Bickham sold 1,480 shares of Addus HomeCare Corp common stock.
09/03/2024Date of Form 4 filing with the SEC.

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