Form 4: Advanced Energy Industries Director Anne DelSanto Sells Shares
SEC Form 4
Director Anne DelSanto sold 148 shares of Advanced Energy Industries (AEIS) at $108.48 per share on June 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On June 3, 2024, Anne DelSanto, a director of Advanced Energy Industries Inc. (AEIS), sold 148 shares of common stock.
- The sale was executed at a price of $108.48 per share.
- Following the transaction, DelSanto directly owns 7,165 shares of AEIS common stock.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on June 20, 2023.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a negative outlook on the company.
Industry Context
Insider transactions are routinely monitored by investors as they can provide signals, though sales under 10b5-1 plans are less informative.
Key Dates
| Date | Description |
|---|---|
| 06/20/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 06/03/2024 | Date of transaction (sale of shares) |
| 06/04/2024 | Date of signature on the Form 4 filing |
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