Form 4: Addus HomeCare EVP/CCO Monica Raines Reports Stock Transactions
SEC Form 4
Monica Raines, EVP/CCO and Quality Officer of Addus HomeCare Corp, reports acquisition of shares and sale of shares to cover tax obligations.
Summary
- On February 23, 2024, Monica Raines acquired 3,928 shares of Addus HomeCare Corp common stock at $0.00.
- These shares vest in equal installments on February 23, 2025, February 23, 2026, and February 23, 2027, subject to continued service and acceleration upon a change in control.
- On February 26, 2024, Monica Raines sold 538 shares at $85.96 per share.
- The sale was made pursuant to a previously established 10b5-1 plan to satisfy tax obligations related to vesting restricted stock awards.
- Following these transactions, Monica Raines directly owns 12,221 shares of Addus HomeCare Corp common stock.
Sentiment
Score: 5
Explanation: Routine insider trading activity, no significant positive or negative implications.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by investors to gauge sentiment of company officers.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Acquisition of 3,928 shares of common stock. |
| 02/23/2025 | First vesting date for acquired shares. |
| 02/23/2026 | Second vesting date for acquired shares. |
| 02/23/2027 | Third vesting date for acquired shares. |
| 02/26/2024 | Sale of 538 shares of common stock. |
| 02/27/2024 | Date of Form 4 signature. |
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