Form 4: Addus HomeCare EVP Cliff Donald Blessing Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Cliff Donald Blessing, EVP/Chief Development Officer of Addus HomeCare Corp, sold 191 shares of common stock on February 25, 2025, to satisfy tax obligations related to vesting restricted stock awards.
Summary
- On February 25, 2025, Cliff Donald Blessing, the EVP/Chief Development Officer of Addus HomeCare Corp, sold 191 shares of the company's common stock.
- The sale was executed at a weighted average price of $99.81 per share, with individual transactions ranging from $99.79 to $99.87.
- 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, Blessing directly owns 10,579 shares of Addus HomeCare Corp.
- The reporting person has committed to providing full information regarding the number of shares sold at each separate price within the specified range upon request.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction for tax purposes and doesn't necessarily reflect a change in the executive's view of the company's prospects.
Industry Context
Sales by executives to cover tax obligations are a common practice and generally don't indicate a change in the executive's long-term outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of the transaction (sale of shares). |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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