Form 4: Addus HomeCare EVP Brian Poff Sells Shares to Cover Tax Obligations

Brian Poff, EVP/Chief Financial Officer of Addus HomeCare Corp, sold 2,304 shares of common stock on February 25, 2025, to satisfy tax obligations related to vesting restricted stock awards.

Summary

• On February 25, 2025, Brian Poff, the EVP/Chief Financial Officer of Addus HomeCare Corp, sold 2,304 shares of the company's common stock.
• The sale was executed at a weighted average price of $99.88 per share, with individual transactions occurring between $99.88 and $99.89.
• This transaction was conducted under a pre-established 10b5-1 plan to cover tax obligations arising from the vesting of restricted stock awards.
• Following the transaction, Poff directly owns 32,969 shares of Addus HomeCare Corp.
• The reporting person will 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: This is a routine transaction related to executive compensation and tax planning, and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax planning. The use of a 10b5-1 plan indicates the sale was pre-planned and not based on insider information.

Key Dates